Analyst Forecast: Generic Drugs Market to Grow at CAGR of +10% During Forecast Period – Know About Growth with Trends, Analysis by Regions, Type, Application and Top Players
Generic drugs are medications that have the same chemical composition and possess similar performance characteristic to its branded variants. Unlike blockbuster or branded drugs, generic drugs are marketed by the name of its chemical sans marketing titles. Based on its therapeutics applications, the generic drugs market can be classified into cardiovascular products, anti-infective drugs, anti-arthritis drugs, central nervous system drugs, anti-cancer drugs, respiratory products, and others.
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