Brand-Name Drug: Prescription drugs marketed with a specific brand name by the company that manufactures it, usually the company which develops and patents it. When patents run out, generic versions of many popular drugs are marketed at lower cost by other companies. Check your insurance plan to see if coverage differs between name-brand and their generic twins.

 

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Brand-Name Drug: Prescription drugs marketed with a specific brand name by the company that manufactures it, usually the company which develops and patents it. When patents run out, generic versions of many . . . View Full Definition

Generic Drug: A 'twin' to a 'brand name drug' once the brand name company's patent has run out and other drug companies are allowed to sell a duplicate of the original. Generic drugs are cheaper, and most . . . View Full Definition

Food And Drug Administration (FDA): An agency within the Public Health Service of the Department of Health and Human Services. FDA is a public health agency, charged with protecting consumers by enforcing the Federal Food, Dru . . . View Full Definition

Federal Food Drug And Cosmetic Act (FFDCA) Of 1938: P.L. 75-717 (June 25, 1938) is the basic authority intended to ensure that foods are pure and wholesome, safe to eat, and produced under sanitary conditions: that drugs and devices are safe . . . View Full Definition