Discovery Fit & Health
The big advantage that generic drugs have over brand-name drugs is cost: They're much less expensive. Chemically speaking, generic drugs are the same as brand-name versions. In fact, by law they have to be bioequivalent: Strength, safety, administration, quality, performance and purpose must all match up. According to the congressional budget office, American consumers save somewhere around $10 billion every year by buying generic drugs instead of brand-name ones.
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