We all know that how much it is difficult for us to allocate money towards our or parents monthly medical expenses. Because a normal BP or Diabetic patient’s monthly medicine bill will be around Rs.1,000 to Rs.2,000. So have you heard about Generic Medicines which are cheaper than what you buy from branded companies but of same content?
What are Generic Medicines?
Generic medicines have the same chemical composition as branded medicines are and sold under the chemical name they contain instead of any particular name to them. For example Paracetemol (content of chemical which is used when you have cold) is a generic medicine where as Crocin is a branded medicine. So obviously Generic Medicines are very cheap than their branded counterparts. But the problem lies in marketing. Branded companies MRP usually includes cost of production+advertising cost+middlemen expenses. So they heavily lure middlemen and doctors to recommend their branded medicines in return providing them higher incentives. Hence most doctors and medical shops prefer to sell branded medicines than these generic medicines.
You may understand the real business structure of branded medicines in India and how companies, middlemen and doctors are playing with your health and money by watching this wonderful TV Episode of Satyameva Jayate programme run by famous actor Amir Khan.
A full details of this episode is available at www.satyamevjayate.in Few can afford easily but what about poor or whose monthly medicine expenses are so high? Either they need to borrow money to survive or they can live without medicine.
Below are the list of sites where you can find the Generic Medicine name with respect to branded medicines.
Hope the above list will be helpful to you identifying the right Generic Medicine and saving your money. But at the same time try to consult your doctor before proceeding further.
EPF Scheme 2026 explained fully: EPF withdrawal, EPS pension, and EDLI insurance changes with examples,…
Chasing financial freedom? Do health, time, relationships and contentment matter just as much? Sadly, we…
Your "safe" SIPs, SGBs, PPF, or Index Funds are secretly sabotaging your wealth. Peltzman Effect…
Thinking your retirement plan is foolproof? Why LUCK - not asset or fund selection or…
Nifty 50 Index Funds Vs Active Large Cap Funds — Can we really compare them…
Should you pick Nifty 500 Multicap 50:25:25, Nifty 500, or Nifty LargeMidcap 250 Index Fund?…
View Comments
could have been of great use if Brand name and its alternate Generic name list be given in the blog. for example Aten150 its generic name _______________
Dear Digganth,
Hard for me as I am not an expert in that domain.
Hi,
Some of generic medicine have higher MRP printed on there brands. Bcz of some medical agency PPL take same printed price on medicines price instead discount price. How I can find generic medicine and price.
Dear Raghu,
Hard to find. You just have to compare.
Where will get generic medicine in Salem, Tamilnadu
Dear Vinod,
In Govt Jan Aushadhi Kendras.
How I can get generic medicines for diabetics
Dear Mahesh,
You can now even get generic medicines in Jan Aushadhi Kendra also.
How we can find jeneric medicine for branded medicine
Dear Yogita,
You mean replacement of branded medicines?
Hi, for you please remove that paracetamol works for cold.
Mangal-Thanks.
Can I get tablet of volibris 5 mg or endobloc 5 mg at lowest price ? If get then where it available?
Tejaswini-I am not an expert in medicine. Check with above linked generic medicine provider and also your doctor.
Hello All,
I am looking for Generic medical store in Kalyan, Mumbai, Maharashtra.
Can someone please help me to find it out?
Regards
Pankaj Bari
SANKALP AUSHADHPEDHI RAMBAUG MAIN ROAD NEAR HOTEL PARTH
Pankaj-You can check the same by referring the above few portals.
In pune where avaiable janrik medicine
plz click on the below link and search for pune
http://janaushadhi.gov.in/jan_aushadhi_stores.html
Swapnil-Thanks for sharing.
Bipin-I am not aware of Pune. You can check with local Govt Hospital.
Hi
With the view to make Pharmacy transparent, we have come up with Medsonway
You can find affordable generic substitutes for your medicines in a click
You can visit http://www.medsonway.com
or download this app on Playstore bit.ly/medsonway