Home > Terms > English, UK (UE) > Brand-name drug
Brand-name drug
Prescription drugs marketed with a specific brand name by the company that manufactures it, usually the company which develops and patents it. When patents run out, generic versions of many popular drugs are marketed at lower cost by other companies. cheque your insurance plan to see if coverage differs between name-brand and their generic twins.
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- Part of Speech: noun
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- Industry/Domain: Insurance
- Category: Health insurance
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