Generic prescription drug definition

Generic prescription drug means a prescription drug, whether identified by its chemical, proprietary, or nonproprietary name, that is accepted by the U.S. Food and Drug Administration as therapeutically equivalent and interchangeable with drugs having an identical amount of the same active ingredient and so indicated by Medispan or any other publication designated by Aetna.
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Generic prescription drug means a drug that is approved pursuant
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Generic prescription drug means a Prescription Drug that is produced by more than one manufacturer. It is chemically the same as and usually costs less than the Brand Name Prescription Drug for which it is being substituted.
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Examples of Generic prescription drug in a sentence

  • The Clean Water Act provides that a state program must have adequate authority "to abate violations of the permit or the permit program, including civil and criminal penalties and other ways and means of enforcement." See 33 U.S.C. § 1342 (b)(2)(b)(7).

  • Generic prescription drug manu- facturers, on the other hand, received a l80-day exclusivity period, awarded to the first company to successfully chal- lenge a brand name patent and enter the market.This 6-month exclusivity period hasbeen crucial to encouraging generic drug companies to make existing drugs more affordable.

  • Conti et al, Generic prescription drug price increases: which products will be affected by proposed anit- gouging legislation?”, page 4-5.

  • Any proposals received after the time and date above may, at the District’s sole discretion of the District, be returned unopened or set aside without consideration.

  • Generic prescription drug includes a prescription drug: (1) that is chemically equivalent to a brand drug; or (2) that UnitedHealthcare (UHC) identifies as a generic based on available data resources including, but not limited to, the daily Medi-Span file load memo that classifies drugs as either brand or generic based on a number of factors.

  • This means we need to be familiar with declarations, action plans and statements concerning HRH.

  • In other words, we assume that when prices charged by the two firms are identical, switchers employ an exogenous cue to break ties and purchase from one of the two firms.

  • Generic prescription drug dispensary with no controlled substances or over-the-counter medications.The proposal must include all three services to be considered.The proposed center will not offer occupational health services like worker’s comp, work-related employee physicals or drug screens.Proposal Elements: Proposals shall contain the following: General Information 1.

  • Generic prescription drug development; Generic manufacturers invest three to six years and anestimated $ 4 million to bring a new generic drug to market.

  • Those changes are as follows: Generic prescription drug increase from $3 to $5; non-generic (brand) prescription drug increase from $15 to $20; co-pay increase from $10 to $20.


More Definitions of Generic prescription drug

Generic prescription drug means a Prescription Drug that is produced by more than one manufacturer. It is chemically the same as and usually costs less than the Non-Formulary or Formulary Drug for which it is being substituted.
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Related to Generic prescription drug

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

  • Prescription drugs means drugs, medicine and controlled substances which by law can only be prescribed for human use by persons authorized by law.

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

  • Drug means (i) articles or substances recognized in the official United States Pharmacopoeia

  • Participating Prescription Drug Provider means an independent retail Pharmacy, chain of retail Pharmacies, mail-order Pharmacy or specialty drug Pharmacy which has entered into an agreement to provide pharmaceutical services to participants in the benefit program. A retail Participating Pharmacy may or may not be a select Participating Pharmacy as that term is used in the Vaccinations Obtained Through Participating Pharmacies section.

  • Drug abuse means any pattern of pathological use of drugs that causes impairment in social or occupational functioning, or that produces physiological dependency evidenced by physical tolerance or by physical symptoms when it is withdrawn.

  • Drug addiction means a disease characterized by a

  • Generic Drug means any Prescription Drug approved by the FDA that has the same bio-equivalency as a specific Brand Name Drug.

  • Prescription means an order for drugs or medical supplies, written or signed or transmitted by word

  • 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.

  • Licensed clinical social worker means an individual who meets the licensed clinical social worker requirements established in KRS 335.100.

  • Participating Clinical Laboratory means a Clinical Laboratory which has a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

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

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

  • 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.

  • 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;

  • Approved clinical trial means a phase I, phase II, phase III, or phase IV clinical trial that is conducted in relation to the prevention, detection, or treatment of cancer or other life-threatening disease or Condition and is described in any of the following:

  • Active Pharmaceutical Ingredient or “API” means the active pharmaceutical or biological ingredient as further set forth in the applicable Product Manufacturing Plan.