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ARE
THE GENERIC DRUGS IN YOUR LIFE EQUIVALENT TO THEIR
BRAND-NAME COUNTERPARTS?
Important Points Everyone Should Know
NEW
ROCHELLE, NY -- November 4, 2002 -- As the clamor from
consumers, legislators and managed care organizations for lower
drug prices escalates, consumers are increasingly turning to lower-cost
generic versions of brand-name drugs whose patents have expired.
To manage this demand, President Bush recently proposed new legislation
to speed consumer access to generic drugs.
But
are all generic drugs equivalent to their brand-name counterparts?
Probably, according to a report in the October 14, 2002 issue of
The Medical Letter® on Drugs and Therapeutics, a leading
provider of unbiased and comprehensive evaluations of new drugs.
How
Generics Are Rated
The Medical Letter report explains that the U.S. Food and Drug Administration
(FDA) rates all generic drugs A or B. A-rated drugs are considered
interchangeable with the brand-name original. B-rated drugs, representing
less than 3 percent of marketed generics, are generally older drugs
that may also be equivalent to the brand-name original, but have
not been shown to be so by tests in volunteers. Although many people
believe, sometimes with religious intensity, that even FDA-approved
generic drugs are inferior, there have been
no careful studies in patients that have shown that they are. It
would probably be safe to assume, therefore, that FDA-approved generics,
whether rated A or B, are as effective as their brand-name equivalents.
About
The Medical Letter
The Medical Letter Inc., a nonprofit organization founded in 1958,
offers health care professionals objective, independent analysis
of new drugs. In addition to its biweekly newsletter, The Medical
Letter on Drugs and Therapeutics, it also publishes handbooks
and software on topics such as adverse drug interactions and antimicrobial
therapy. The Medical Letter is supported entirely by subscriber
fees and is based in New Rochelle, NY. For more information about
The Medical Letter call (800) 211-2769 or visit their Web site at
www.medicalletter.org.
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