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generic drug

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.09 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.
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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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? Mentioned in ? References in periodicals archive
 
Tokyo, Japan, Apr 7, 2006 - (JCN) - NTT Data, in collaboration with Data Horizon, will begin offering Generic Drug Promotion Notice, a service for promoting the prescription of generic drugs, on April 10.
NTT Data to Promote Generic Drug Prescription by JCNN News Summaries
Clinton, in response to a question, said he would "do the very best I can" to try to persuade American drugmakers to grant licenses to Indian generic drug manufacturers.
Clinton urges easier AIDS drugs policy by Community Action
Company officials have declined to comment on the share price, but American Pharmaceuticals appears to be suffering from a double whammy: stagnant revenues of its core generic drug business and a realization by the market that its proprietary drug candidate Abraxane won't be a revenue producer this year, as the company had anticipated.
Approval delay for cancer drug cited in stock's rapid decline by Darmiento, Laurence / Los Angeles Business Journal
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