What is the primary difference between generic and brand-name medications?

The primary difference between generic and brand-name medications is that generic medications are the chemical equivalent of their brand-name counterparts but are typically available at a lower cost. This cost difference arises because generic manufacturers do not have to invest in the same research and marketing expenses that the brand-name companies do. The active ingredient, dosage form, strength, and route of administration of a generic medication must match those of the brand-name version, ensuring that they work in the same way in the body.

In summary, while both types of medication provide the same therapeutic effects, generics are usually more affordable due to the lack of additional costs associated with their development and marketing. This makes them an accessible option for many patients who are managing chronic conditions or long-term medication needs.