Whats the difference between generic and brand-name drugs?
A. Generic and brand-name drugs generally contain the same active ingredients. Brand-name drugs typically are more expensive because the company which originally develops them spends a lot of money on research and testing before putting the drug on the market. The drug company makes up for some of this developmental cost in the price it charges for the drug. After a time, other drug companies are allowed to make a generic equivalent; but they generally do not have to charge as much, because all they have to do is manufacture the drug. In most cases, the research and testing have already been done.