Last updated on February 10th, 2024 at 12:23 pm
Cipla offers Branded and Generic Medicine. It is common for pharmaceutical companies to offer both branded and generic versions of the same medication. This can allow the company to capture a wider market by offering both options to consumers.
Why Cipla have 2 Paracetamols?
Cipla may offer both branded and generic versions of medications like paracetamol because the branded version, marketed as a premium product, tends to be more expensive. The generic version, on the other hand, mamaybeess expensive and may be more appealing to cost-conscious consumers.
Another reason is that the branded version of the medication may be more familiar to consumers and may have a strong reputation. This can make it more attractive to some patients, even if it is more expensive.
Difference Between Branded and Generic
Branded and generic drugs are different in several key aspects:
Brand Name
Branded drugs are marketed under a specific brand name chosen by the manufacturer, and they often have a unique trademark or proprietary name. Generic drugs, on the other hand, are sold under the chemical or generic name of the active ingredient, without a brand name.
Cost
Branded drugs are typically more expensive compared to generic drugs. This is because branded drugs often involve higher research and development costs, marketing expenses, and patent protection, which can drive up the price. Generic drugs, on the other hand, are usually less expensive because they do not require the same level of investment in research and development, and they may enter the market after the patent of the branded drug has expired.
Read: Why so much Price difference in branded and generic?
Active Ingredients
Branded and generic drugs contain the same active ingredient, which is the chemical component responsible for the therapeutic effect of the drug. Both branded and generic drugs must meet the same regulatory standards for safety, quality, and efficacy, and they are required to have the same active ingredient in the same amount.
Formulation
Branded and generic drugs may have different formulations, including variations in inactive ingredients such as fillers, binders, and colorants. While the active ingredient must be the same in both branded and generic drugs, the inactive ingredients can differ, which may affect factors such as the drug’s appearance, taste, and shelf life.
Packaging and Appearance
Branded and generic drugs may have different packaging and appearance. Branded drugs feature unique packaging, including a distinct brand name, logo, and design, tailored to the manufacturer’s marketing strategy. In contrast, generic drugs typically have simpler packaging, displaying the generic name of the active ingredient and lacking brand-specific elements.
Market Entry
Extensive research, development, clinical trials, and regulatory approvals typically precede the introduction of branded drugs. Patents grant manufacturers exclusive selling rights, expiring to permit entry of generic drugs demonstrating bioequivalence with the same active ingredient.
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In summary, providing both branded and generic versions allows pharmaceutical companies to appeal to a broader consumer base, capturing a larger market share. Medkart strives to educate patients about Generics and empower them with choice in medicines.
To know more watch – https://youtube.com/shorts/9H0LpXB_GFM
FAQs on Why Cipla have 2 Paracetamols
Q1) What distinguishes Cipla Branded and Generic Medicines?
Cipla Branded Medicines are proprietary formulations, while Cipla Generic Medicines offer cost-effective alternatives with the same therapeutic effects.
Q2) Can you provide examples of Cipla generic medicine names?
Cipla’s generic medicine portfolio includes well-known names like Ciplox, Cipralex, and Cifran, offering quality alternatives at affordable prices.
Q3) How does Cipla ensure the quality of its generic medicines?
Cipla maintains stringent quality standards through rigorous testing and compliance with regulatory requirements, ensuring the efficacy and safety of its generic medicines.
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