Noun
when the patent protection for a brand-name drug expires generic versions of the drug can be offered for sale if the FDA agrees
Source: WordNetgeneric drugs are usually cheaper than brand-name drugs Source: Internet
Generic drug scandal In 1989, a major scandal erupted involving the procedures used by the FDA to approve generic drugs for sale to the public. Source: Internet
Generic drug manufacturers are paying 50% more for some raw materials. Source: Internet