NOUN | artifact | generic drug | when the patent protection for a brand-name drug expires generic versions of the drug can be offered for sale if the FDA agrees |
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Meaning | When the patent protection for a brand-name drug expires generic versions of the drug can be offered for sale if the FDA agrees. | |
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Example | "generic drugs are usually cheaper than brand-name drugs" | |
Broader | drug | A substance that is used as a medicine or narcotic |
generic | Any product that can be sold without a brand name | |
Opposite | brand-name drug, proprietary drug | A drug that has a trade name and is protected by a patent / patent (can be produced and sold only by the company holding the patent / patent) |
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