Generic

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Generic

Describes the characteristics and/or experience of the total universe of a coupon of MBS sector type; that is, in contrast to a specific pool or collateral group, as in a specific CMO issue.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Generic

Describing a product without a famous brand name. Generic products are basically the same as brand products but are generally less expensive.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

generic

a term that is used to identify a PRODUCT or product class as a whole (for example, ‘cigarettes’) rather than an individual supplier's BRAND of the product (for example, ‘Marlboro’ cigarettes).
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson
References in periodicals archive ?
First, it should be noted that legalized generics have been around in some form or other since 1888, when the American Pharmaceutical Association published the National Formulary to prevent counterfeiting of branded products.
Drap has directed pharmaceutical companies to reduce the MRPs of their higher priced generics up to the level as mentioned in the letter issued on June 19.
But generics are only cheaper because the manufacturers did not incur research and development expenses.
released its latest report on the 'Generic Drugs Market in India 2017'.
3 August 2016 - Irish drugmaker Allergan plc (NYSE: AGN) has closed an agreement under which Israeli generics specialist Teva Pharmaceutical Industries Ltd.
The global branded generics market is expected to grow significantly as large number of pharmaceutical products are going to be off patent within the forecast period.
Curiously, many patients and doctors continue to overlook or ignore this aspect of cost cutting, and health care providers frequently prescribe patients more expensive brand-name medications--even when equally effective, well proven, and less expensive generic therapies are available.
'I worked for an originator company for 20-odd years and one of our messages was this: if your kid had meningitis, would you use generics? It's the fear factor, and prejudices many doctors against generics which the patient obviously follows.'
M2 PHARMA-October 2, 2015-Sanofi unveils generic Arava (Leflunomide) tablets for rheumatoid arthritis
In 2013, the DOH reported that 25 years after the enactment of the generics law, unbranded medicines had gained wider acceptance in the country, with five to six out of 10 Filipinos opting to buy generic drugs.
Q: Where do you see the opportunities and challenges for the generics industry while consistency evaluation is being made of generic drugs?