Authors: Yashanjali Sisodia, Aniket Raut, Sarica Choudhari, Vidya Deshmukh, Grishma Fuke
Abstract: Access to affordable healthcare is a growing global concern, and the high cost of branded medicines often puts essential treatments out of reach for many. Generic medicines offer a practical and cost-effective solution, providing the same therapeutic benefits as their branded counterparts. However, misconceptions about their quality and effectiveness have slowed their acceptance. This research explores the role of generic medicines in modern healthcare, breaking down common myths and shedding light on the rigorous regulations that ensure their safety and efficacy. It also examines the economic impact of generics, their potential to reduce healthcare expenses, and the challenges manufacturers face, such as patent restrictions and consumer trust issues. By addressing these barriers and highlighting the benefits of generics, this study emphasizes the need for greater awareness, policy support, and public confidence. The findings suggest that improved education and stronger regulatory transparency can help shift perceptions, ultimately making healthcare more accessible and affordable for all.
