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generic drug
(redirected from drug, generic)

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
ge`ner´ic drug`
n.1.A medication sold under its generic name; - usually legal only after the patent has expired, or if no patent was issued for the substance. Generic drugs are usually less expensive than proprietary medications.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.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; "generic drugs are usually cheaper than brand-name drugs"
drug - a substance that is used as a medicine or narcotic
generic - any product that can be sold without a brand name
brand-name drug, proprietary drug - a drug that has a trade name and is protected by a patent (can be produced and sold only by the company holding the patent)

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A decade ago it was not uncommon for employees to pay only a single $5 co-pay to get any type of prescription drug, generic or brand name.
6 session into many crucial challenges facing brand drug, generic and biotech firms.
 
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