A 51-year-old member asked:
Do pharma companies make more money selling generic or trade name cancer drug?
1 doctor answer
Dr. Stephen Berns answered
19 years experience in Pathology
Trade name: Trade name drugs are sold under a monopoly so the drug companies can recoup their investment in researching and developing a drug. Generic drugs are sold by competing companies once the original patent expires. The competition drives down prices and limits profits.
Answered on Nov 28, 2017
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