Posted by Cam W. on October 10, 2001, at 0:28:01
In reply to What I learned today about alprazolam, posted by Collete on October 9, 2001, at 19:55:56
Collete - Sounds like Greenstone's is what is referred to as an "ultrageneric". Some of the brand name companies have got together to form their own generic company (at least in Canada they did). The drugs the ultrageneric companies sell is exactly the same as the brand name, except for name and markings on the pills. They come from the same machines and have the same binders, colorants, excipients, etc. They also meet the price of the other generics.
In Canada, the main company is called Alti-Med™, and they sell a wide variety of drugs.
I was told that the reason that brand name companies do not just drop their price to meet the generics is that if they did that in one country, they would have to do it in all countries, including the one's where generic companies are not allowed to sell their versions (ie. where the brand name companies still have patent protection). This may not be totally true, but it sounds good. This may not be as big a deal, now that the U.S. have allowed generics to be made on a large scale.
Big business and multinational corporations, huh < shakes head >