Generic drugs are mostly sold for significantly less prices than their
co- branded competitors. Reason for low price for generic
medicines is that competition will increase when drug has no
longer patents cover.
Company incurs very less costs in producing generic drugs because just only the cost to manufacturing and no spending for drug development and testing and because of this these companies are able to operate profitability at a lower price also.
Company incurs very less costs in producing generic drugs because just only the cost to manufacturing and no spending for drug development and testing and because of this these companies are able to operate profitability at a lower price also.
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