• They both have the same active ingredient (the compound that makes the drug work).• They both have the same amount of the active ingredient.• They both work the same way in the body.• They are both absorbed by the body at the same rate.
• They may have different inactive ingredients (such as flavours or preservatives).• They may have slightly different colours, shapes, or markings.• Brand name drugs are more expensive.Why are brand name drugs more expensive than generic drugs?• Brand name drugs are more expensive because of the large investments brand name manufacturers make in marketing, branding, research and development (R&D). These investments increase prices by 30 to 40 percent.• Generic drug manufacturers do not invest in R&D, marketing or branding the same way brand name manufacturers do. With minimal marketing and R&D expenses, the generic drug price is 30 to 40 per cent lower.
• Generic drugs are just as safe as brand name drugs. Both generic and brand name drugs are rigorously tested by Health Canada for quality, safety and effectiveness.• Health Canada also has regulations for generic drug manufacturing. All drug manufacturers in Canada must follow the same regulations for their manufacturing processes and for ensuring the quality of their ingredients.
• The same generic and brand name drugs are prescribed for the same conditions to both First Nations and non-First Nations individuals.• The FNHA PharmaCare “Plan W” prescription drug list is similar to the other BC Pharmacare prescription drug lists that are mandated for all citizens of BC.• Generic drugs are commonly used by all Canadians. Prescriptions in Canada are usually filled with generic drugs if they are available.
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