Clearing the Path for Generic Drug Utilization: Lessons from Worldwide Investigations

Andrei Dumitrescu, Cristian Iliescu and Bogdan Mihai
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Andrei Dumitrescu: Departamentul de Sănătate și Medicină Tradițională, Universitatea București Nova, Bucharest, Romania
Cristian Iliescu: Departamentul de Sănătate și Medicină Tradițională, Universitatea București Nova, Bucharest, Romania
Bogdan Mihai: Departamentul de Sănătate și Medicină Tradițională, Universitatea București Nova, Bucharest, Romania

Inventum Biologicum: An International Journal of Biological Research, 2023, vol. 3, issue 2, 58-61

Abstract: This review aims to provide concise insights into global consumer awareness of generic drugs, challenges identified in diverse studies regarding their adoption, and proposed solutions to enhance availability, accessibility, and affordability. Despite the economic benefits of generic drugs, patient reluctance persists. Aligned with the UN's Sustainable Development Goals, this exploration delves into historical perspectives, patenting challenges, and the impact on healthcare costs. Drawing from various online sources, research articles, and reviews, the study concludes that, although generic drugs are equally effective and cost-effective, barriers to adoption stem from consumer perceptions influenced by factors like age, education, health literacy, income, and trust in prescribers. Additionally, country-specific policies and regulatory frameworks play a crucial role in shaping adoption rates, suggesting a need for targeted educational interventions to address these challenges and promote wider acceptance of generic medications.

Keywords: Generic medications; Proprietary pharmaceuticals; Severe healthcare costs; Consciousness; Impediments to Integration (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:adg:ibijbr:v:3:y:2023:i:2:p:58-61

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