Generic Drugs definition

Generic Drugs means a Prescription Drug that has the same active ingredients as an equivalent Brand Name Drug, does not carry any drug manufacturer’s brand name on the label, and is not protected by a patent. It must be listed as a generic drug by the United States national drug data bank.
Generic Drugs means any product containing Compound that is either defined in a particular country in the Xxxxxx Territory as a generic drug to Product by applicable legal texts or regulatory authorities in such country or is AB rated or substitutable by a pharmacist for Product, other than a product introduced in such country by Xxxxxx, its Affiliates or sublicensees.
Generic Drugs means non-brand drugs (including specialty drugs and therapeutic biological products), sold at a lower cost than the equivalent brand. A generic drug is the therapeutic equivalent of a brand name drug, i.e., it contains the same active ingredients and is identical in strength, concentration, and dosage form.

Examples of Generic Drugs in a sentence

  • Active Employee Co-Pays Name Brand Drugs: $9 Generic Drugs: $2 Retired Employee Co-Pays 15% Co-Pay of the cost of the prescription.

  • Under the up to a 90-day at Retail Pharmacy benefit, Generic Drugs, Preferred Brand and Non-Preferred Drugs can be obtained from an In-network Pharmacy.

  • The Settling Plaintiffs have proposed a definition, subject to Court approval, of the following Settlement Class: All persons or entities, and their successors and assigns, that directly purchased one or more of the Named Generic Drugs from one or more Current or Former Defendants in the United States and its territories and possessions, at any time during the period from May 1, 2009 until December 31, 2019.

  • The Named Generic Drugs are set forth in Current and Former Defendants are set forth in .

  • How Your Cost is Determined The amount that you are responsible for is based upon the drug tier as described below and shown in the Benefit Highlights section of this Certificate • Tier 1 - includes mostly Generic Drugs and may contain some Brand Name Drugs.


More Definitions of Generic Drugs

Generic Drugs means any product containing Compound for which Registration is obtained by an abbreviated NDA (“ANDA”) or other abridged procedure in the United States or a corresponding application in any country of the LICENSEE Territory, other than a Product introduced in such country by LICENSEE, its Affiliates or its sublicensees.
Generic Drugs means a drug that, in comparison with an Innovative Drug, contains identical amounts of the identical medicinal ingredients, in comparable dosage forms, but does not necessarily contain the same non- medicinal ingredients and which is interchangeable with the said Innovative Drug.
Generic Drugs means products submitted or approved pursuant to an ANDA or Section 505(b)(2) of the FDCA (and any applicable foreign marketing authorizations) which are marketed or in development to be marketed as generic products.
Generic Drugs means any product containing Compound for which Regulatory Approval for the same indication(s) as that of the Product is obtained by ANDA in the United States or a corresponding application in any country other than United States in the MN Territory; in each case other than a product introduced in such country by MN, its Affiliates or sublicensees.
Generic Drugs means Drugs or substances which:
Generic Drugs means all drugs that are not defined as “Brand Drugs.”
Generic Drugs means any pharmaceutical composition containing the same Compound as contained in Product Sold by MN, an MN Affiliate and/or an MN Sublicensee, in each case other than Product introduced in such country or jurisdiction by MN, an MN Affiliate and/or an MN Sublicensee.