Generic definition

Generic means that no specific brand or name shall be included as part of the specifications unless such a brand or name is required to identify the intent of a purchase, order or proposal.

Generic or "Generically equivalent" means a drug that, when compared to the prescribed drug, is pharmaceutically equivalent and therapeutically equivalent.

Generic means a Prescription Drug which has the equivalency of the Brand Name drug with the same use and metabolic disintegration. This Plan will consider as a Generic drug any Food and Drug Administration approved generic pharmaceutical dispensed according to the professional standards of a licensed pharmacist and clearly designated by the pharmacist as being generic.

Examples of Generic in a sentence

• Employees who are covered under either the PPO or HMO plan will receive prescription drug coverage according to the following schedule: Retail Based on a 30-day supply Co-payment Generic $10.00 Formulary $30.00 Non-Formulary $50.00 Specialty $100.00 Employees may obtain up to a 90-day supply of maintenance drugs.

• SWD will undertake the duties set out in the General Obligations of SWD to Service Operators as specified in the Funding and Service Agreement (FSA) Generic Sections.

• Generic $20.00 Formulary $60.00 Non-Formulary $100.00 The District will continue to utilize the Blue Cross Blue Shield of Illinois Balanced Drug list.

More Definitions of Generic

Generic means that the name of an agricultural product which, although it relates to the territory, region or place where the agricultural product concerned was originally produced or marketed, has become the common or general name used for such agricultural product in the Republic of South Africa (e.g. French fried potatoes, Brussels sprouts, etc.);

Generic medication means a medication that has the same active ingredient as a Brand medication or is identified as a Generic medication by AvMed’s Pharmacy Benefits Manager.

Generic means, with respect to any drug or product, that such drug or product does not comprise a substance or compound that is covered by a claim under any unexpired U.S. Patent and/or which is not entitled to any period of market exclusivity under the Orphan Drug Act or the Drug Price Competition and Patent Term Restoration Act of 1984 according to 21 U.S.C.A. 355(j)(4)(D)(i)or (ii).

Generic means, with respect to a Licensed Product in each country in the Territory, any DsiRNA-Based Compound that (a) is covered by a claim of any Patent Rights Controlled by either Party (including expired Patent Rights) specific to such Licensed Product in such country and is approved by the applicable Regulatory Authority in such country for sale in such country; or (b) contains the same active ingredient as such Licensed Product and is approved by the applicable Regulatory Authority in such country for sale in such country; or (c) is approved by the applicable Regulatory Authority in such country as being the same as the Licensed Product.

Generic or “Generics” means a drug or biologic which is no longer subject to patent or regulatory exclusivity.

Generic means, with respect to a product, any pharmaceutical product that (a) is distributed by a Third Party under a Marketing Authorization in reliance, in whole or in part, on the prior approval (or on safety or efficacy data submitted in support of the prior approval) of such product, (b) is authorized for sale (i) in the U.S. pursuant to Section 505(j) of the Act (U.S.C. 355(j)), (ii) in the EU pursuant to a provision of Articles 10, 10a or 10b of Parliament and Council Directive 2001/83/EC (including an application under Article 6.1 of Parliament and Council Regulation (EC) No 726/2004 that relies for its content on any such provision) or (iii) in any other country or jurisdiction pursuant to similar Laws, and (c) is substitutable under applicable Law for such product when dispensed without the intervention of a physician or other health care provider with prescribing authority.

Generic means and refer to a Prescription Drug, whether identified by its chemical, proprietary or non-proprietary name, which is accepted by the FDA as therapeutically equivalent and interchangeable with drugs having an identical amount of the same active ingredient.