The Science Of ...

Aspirin is aspirin, or is it? The science of generic medicine…

(Click here for more from "The Money Show".)

Generic drugs use the same active ingredients than branded drugs.

For example; the well-known pain reliever Myprodol has multiple generics (Gen-Payne, Mybulen, etc.).

They contain the same ingredients (Ibuprofen, paracetamol and codeine) in the same dosage.

When a drug is no longer under copyright, anyone can produce it, under a different name, with the same active substances.

In most cases generic drugs are cheaper to buy than the branded alternatives.

The Money Show’s Bruce Whitfield interviewed Paul Anley, CEO of Pharma Dynamics, for his weekly "The Science Of" feature.

Anley spoke about the science of generics.

Scroll down for quotes from the audio below.

You can be sure that the generic will work as well as the original.

Paul Anley, CEO of Pharma Dynamics

There are very tight specifications that drug makers have to stick to.

Paul Anley, CEO of Pharma Dynamics

A patent lasts 20 years.

Paul Anley, CEO of Pharma Dynamics

The typical argument against generics is that it will discourage originators from developing new drugs. The opposite is, in fact, true.

Paul Anley, CEO of Pharma Dynamics

Generics are used almost exclusively in the state tender system. We’re talking billions of rands in savings.

Paul Anley, CEO of Pharma Dynamics

There is no difference between an off-the-shelf paracetamol and a Panado.

Paul Anley, CEO of Pharma Dynamics

All generics by definition are equal to each other.

Paul Anley, CEO of Pharma Dynamics

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : Aspirin is aspirin, or is it? The science of generic medicine…


Recommended

by NEWSROOM AI
Read More
Sneakers as investment? You bet! Yours may be worth more than you paid for it

Sneakers as investment? You bet! Yours may be worth more than you paid for it

The Money Show’s Bruce Whitfield interviews Tebogo Mogola, co-founder and Director at Sneaker Exchange Expo.

New online shopping website launches. Everything available is South African

New online shopping website launches. Everything available is South African

It just became easier than ever to buy local when shopping online. Bruce Whitfield interviews Proudly SA’s Eustace Mashimbye.

'No R10 coin yet. But it’ll be smaller than the R5 when it comes'

'No R10 coin yet. But it’ll be smaller than the R5 when it comes'

The Money Show’s Bruce Whitfield interviews South African Mint Managing Director Tumi Tsehlo.

'New law threatens to wipe out vaping in South Africa'

'New law threatens to wipe out vaping in South Africa'

The Money Show’s Bruce Whitfield interviews Zodwa Velleman, CEO at the Vapour Product Association of South Africa.

How to ace a job interview (and when to talk about money)

How to ace a job interview (and when to talk about money)

The Money Show’s Bruce Whitfield interviews Andrew Woodburn, Managing Director at Amrop Woodburn Mann.

How to make a 'TV' show (in the dying days of old-school television)

How to make a 'TV' show (in the dying days of old-school television)

The Money Show’s Bruce Whitfield interviews Cheeky Media Joint MD Yusuf Stevens.

Popular articles
[LISTEN] New Visa regulations could change the face of South African tourism

[LISTEN] New Visa regulations could change the face of South African tourism

Lecturer at TUT's Dept of Tourism, Unathi Henama says that the tourism sector is at the center of the economic policies in SA.

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

'My hubby is 75 and we still do it' - stories about sex on the other side of 50

Is biology putting the brakes on your sexuality? Callers share their experiences of sex and growing older.

DStv Premium on a downward spiral, warns tech guru

DStv Premium on a downward spiral, warns tech guru

DStv has lost about 140 000 Premium subscribers to Netflix over the past two years, tech expert Arthur Goldstuck.

17-year-old learner killed teacher for not allowing him to jump the food queue

17-year-old learner killed teacher for not allowing him to jump the food queue

Spokesperson for Education department says the fact that this learner is still in Grade 10 at 17 may indicate there is a problem.

Tell me what you want: Study reveals most common sexual fantasies

Tell me what you want: Study reveals most common sexual fantasies

What are your sexual fantasies? Disclosure can bring sexual freedom, but it can also have downsides. A study lists the top trends.

Money market accounts (and Exchange Traded Funds) FAQs answered

Money market accounts (and Exchange Traded Funds) FAQs answered

Personal finance guru Warren Ingram explains what money market accounts are and the difference between various ETFs.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.