Generic drugs are identical in active ingredients but vary wildly in price and availability worldwide due to regulatory, economic, and cultural differences. Learn why the same pill costs $1 in India and $100 in the U.S.
Read MoreBy Warren Howard | 1 Comments | December 27, 2025
Generic drugs are identical in active ingredients but vary wildly in price and availability worldwide due to regulatory, economic, and cultural differences. Learn why the same pill costs $1 in India and $100 in the U.S.
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Canada and the U.S. handle generic drugs differently: Canada uses centralized pricing to control costs and prevent shortages, while the U.S. relies on market competition for lower prices - but with more supply risks.
Authorized generics are brand-name drugs sold without the brand name, made by the same manufacturer with identical ingredients. They offer lower prices while maintaining exact formulation-unlike traditional generics. Learn how they work, why they exist, and how to identify them.