Quick Pill Store – Drug Policy
1. What Are Generic Drugs?
A generic drug has the same active ingredient and therapeutic effect as a brand-name counterpart.
It's produced without patent restrictions once the original drug’s patent expires
2. Why Generics Are Cheaper
Lower research and development costs, as generics skip the expensive discovery and preclinical phases.
No required marketing budgets like brand-name drugs.
They benefit from existing brand-name market awareness.
Competition drives down prices once generics enter the market
3. Patent & Market Entry Details
- U.S. drug patents typically last 20 years, but effective exclusivity is often just 7–12 years after clinical trials.
- Brand-name development costs can range from $100 million to $800 million
- Brand companies may engage in “evergreening”—filing additional patents on minor modifications (like different salt forms or formulations)—to extend market exclusivity
In Context
The policy educates users that Quick Pill Store largely sources generic versions of medications, highlighting their cost advantages over brand names. It explains why generics can be trusted (same active ingredients and efficacy) and how patent protection and marketing impact drug prices.