Brand Drugs definition

Brand Drugs means those pharmaceuticals designated by the PBM’s Pricing Source as having a multi-source indicator of M, N or O.
Sample 1Sample 2
Brand Drugs means those pharmaceuticals designated by the PBM’s Pricing Source as having a multi-source indicator of M, N or O. May include single source generics with less than three manufactures.
Sample 1
Brand Drugs means the following: The Multisource Code field in Medi-Span contains a “M” (co-branded product), “O” (originator brand) (except where the Claim is submitted with a DAW Code of “3”,”5” or “6”, in which case it shall be considered a Generic Drug), or a “N” (single source brand). The Parties agree that when a drug is identified as a Brand Drug, it shall be considered a Brand Drug for all purposes by PBM, including but not limited to adjudicating the Claim, reimbursing the relevant pharmacy, invoicing NDPERS, determining the Copayment or Coinsurance to be paid by the Plan Beneficiary, calculating the satisfaction of Average Annual Guarantees as further described in Exhibit A of the Agreement, calculating the satisfaction of Financial Benefit Guarantees as further described in Exhibit A of the Agreement, and calculating the satisfaction of generic fill rates (if any).
Sample 1

Examples of Brand Drugs in a sentence

  • The Ingredient Cost and/or Dispensing Fee may vary between Brand Drugs and Generic Drugs.


More Definitions of Brand Drugs

Brand Drugs means those pharmaceuticals designated by the PBM’s pricing source as having a multi-source code field that contains an “M’ (co-branded product), “O” (originator brand), or an “N” (single source brand), however, if the Multisource Code is “O” and there is a DAW Code of 3, 4, 5, 6 or 9, the drug shall be considered a generic drug.
Sample 1
Brand Drugs means those pharmaceuticals designated by the Pricing Source as having a multi- source indicator of M, N, or O or as otherwise defined by Pricing Source.
Sample 1

Related to Brand Drugs

  • Legend drugs means any drugs which are required by state

  • Legend drug or "prescription drug" means any drug or device that has been determined to be unsafe for self- medication or any drug or device that bears or is required to bear the legend:

  • Drug addiction means a disease characterized by a

  • New drug means: (i) any drug, except a new animal drug or an animal feed bearing or containing

  • Brand Name Drug means a Prescription Drug that has been given a name by a manufacturer or distributor to distinguish it as produced or sold by a specific manufacturer or distributor and may be used and protected by a trademark.

  • FDA means the United States Food and Drug Administration and any successor agency thereto.

  • FD&C Act means the U.S. Federal Food, Drug and Cosmetic Act, as amended.

  • Covered drug means any prescription drug that:

  • Tobacco product means any substance containing tobacco leaf, including but not limited to, cigarettes, cigars, pipe tobacco, hookah tobacco, snuff, chewing tobacco, dipping tobacco, bidis, blunts, clove cigarettes, or any other preparation of tobacco; and any product or formulation of matter containing biologically active amounts of nicotine that is manufactured, sold, offered for sale, or otherwise distributed with the expectation that the product or matter will be introduced into the human body by inhalation; but does not include any cessation product specifically approved by the U.S. Food and Drug Administration for use in treating nicotine or tobacco dependence.

  • Generic Drug means a Prescription Drug that is medically equivalent to a Brand Name Drug as determined by the FDA. It meets the same standards as a Brand Name Drug for purity, safety, strength and effectiveness and is manufactured and sold under its chemical, common, or official name.

  • Automated drug dispensing system means a mechanical or electronic system that performs

  • FDCA shall have the meaning ascribed to such term in Section 3.1(hh).

  • Prescription drug order means an original or new order from a practitioner for drugs, drug-related devices or treatment for a human or animal, including orders issued through collaborative care agreements. Lawful prescriptions result from a valid practitioner-patient relationship, are intended to address a legitimate medical need, and fall within the prescribing practitioner's scope of professional practice;

  • cosmetic product means any substance or mixture intended to be placed in contact with the external parts of the human body (epi­ dermis, hair system, nails, lips and external genital organs) or with the teeth and the mucous membranes of the oral cavity with a view exclusively or mainly to cleaning them, perfuming them, changing their appearance, protecting them, keeping them in good condition or correcting body odours;

  • Nonprescription drug or "over-the-counter drug" means any

  • medicinal product means any substance or combination of substances presented for treating or preventing disease in human beings or animals and any substance or combination of substances which may be administered to human beings or animals with a view to making a medical diagnosis or to restoring, correcting or modifying physiological functions in humans or in animals;

  • Prescription drug means any drug required by federal law or regulation to be dispensed only