After a patent has expired for a medication, it can be released under what type of name?

Study for the Walgreens Pharmacy Technician PTCB Exam. Test your knowledge with multiple choice questions and detailed explanations. Prepare effectively for your certification!

When a patent for a medication expires, the drug can be released under a generic name. This process allows other manufacturers to produce and market the medication without the restrictions of the original patent holder. Generic medications are typically less expensive than their branded counterparts because they do not carry the costs associated with research and development that the original manufacturer incurred.

The generic name is the chemical name or the official name of the medication, while the brand or trade name is the name given by the original manufacturing company to distinguish its product in the marketplace. Once the patent expires, various manufacturers can create their own formulations of the drug, allowing consumers to access more affordable options. This practice ultimately benefits patients by increasing competition and making medications more accessible.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy