Why are medicines not expensive?

There are several reasons why some medicines may not be expensive. Some of these reasons include:

Generic medications: Generic medications are copies of brand-name drugs that have the same active ingredients, dosage form, and strength as the original drug, but are sold under a different name. Because they are not protected by patent, generic medications can be produced and sold more cheaply than brand-name drugs.

Government price controls: In some countries, the government may regulate the price of certain medications in order to make them more affordable for consumers.

Competition: When there are multiple manufacturers producing the same medication, competition can drive down the price of the drug.

Manufacturer discounts: Pharmaceutical companies may offer discounts or rebates on their medications to certain groups of patients or to healthcare providers.

Overall, the price of a medication may be influenced by a variety of factors, including the cost of research and development, production, marketing, and distribution.

Want to know about Generics and are looking for quality generics then what are you waiting for visit medkart.in and explore quality generics.

To know more watch – https://youtube.com/shorts/TKFv5Ls3CEA

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top