Why not buy generic medications?
POSTED: Friday, July 5, 2013 - 5:09pm
UPDATED: Friday, July 5, 2013 - 5:27pm
Tyler, Texas (KETK) — When it come to headaches and minor pains what kind of meds do you buy to get relief?
Many people buy brand names instead of generic, but....why?
We're told there's no difference but the price and package, so...what's the deal?
"It's been able to reduce their cost so much doing this and it's really opened the care for people with insurance and without insurance," says Dr. Ryan Mullins, MD., at Trinity Clinic Broadway Commons.
Dr. Ryan Mullins tells KETK, brand name and generic medications are the same thing.
They are both FDA approved, so why aren't more people buying generic?
"Don't feel like the generic is what they say it is," says Mike Richardson.
Many are from the same company.
"Other companies are allowed to come in and make the same drug and they're called generic," says Brad Martin, Pharmacist at
Pharmacist Brad Martin at Kinsey Pharmacy showed KETK a recent drug that went generic, Actos which is for diabetes.
"If you were to buy 30 pills of brand names Actos, it would cost you over 400 dollars, the generic is made by the same company would cost you under 40 dollars probably 32 or 35 dollars," says Martin.
The only thing different is, "The label and the price," says Martin.
Martin says, when the patent runs out the company which makes the brand name has a time frame to make generics before another manufacture can.
"On the brand name Actos on one side and 30 on the other so that's 30 milligram Actos."
Martin shows KETK the generic drug, "You'll see it has Actos on one side and 30 milligrams on the other side," says Martin.
Drug manufactures don't even change the stamp on the drug, it comes out of the same machine just in two different bottles.
"There's no reason to pay for the brand name," says Martin.