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Biosimilars vs Generic Medicines: What’s the Difference & Opportunity?

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  Introduction: Let’s Clear the Confusion In India, when we talk about affordable medicines, the first term that comes to mind is “generics.” But now, there’s another player gaining attention— biosimilars . Many people confuse these two. Are they the same? Can both replace expensive branded medicines? And more importantly, how can India—and especially pharmaceutical companies in Gujarat —lead this revolution? Let’s decode this in simple terms. What Are Generic Medicines? Generic medicines are like the copies of branded medicines. Once a branded drug's patent expires, other pharma companies are allowed to make a version of it. But don’t worry—they are not low-quality at all. They have the same chemical composition, dosage, strength, safety, and performance . In fact, as per Health Ministry data , generic drugs in India can cost up to 70–90% less than their branded counterparts. That’s a huge saving, especially in a country where over 60% of healthcare expenses are out-of-pocket . A...
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Busting Myths: Are Generic Medicines Really Safe?

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Hey there! We’ve all been there — standing at a medical store, wondering whether to buy that expensive branded medicine or go with the cheaper generic one . And the biggest question that comes to mind is: Are generic medicines really safe? Let’s bust some popular generic drug myths today, especially the ones floating around in India. What Are Generic Medicines? Let’s keep it simple. Generic medicines are just like branded ones in terms of active ingredient , dosage , effectiveness , and safety — but they cost a lot less. Why? Because they don’t have to spend crores on marketing or developing the drug from scratch. India is actually the largest provider of generic medicines globally , accounting for 20% of the global supply (Source: IBEF). Now that’s something to be proud of, right? Myth 1: Generic Medicines Are Low-Quality This is the biggest generic drug myth out there. Just because generics are cheaper, many assume they are poor in quality. Not true at all! In India, generic me...
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