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Generic drugA generic drug is a drug which is identical or equivalent to a brand name drug in dosage, safety, strength, route of administration, quality, performance characteristics and intended use but is usually cheaper than the branded version.Generic drug can be legally produced for drugs where the patent has expired, or for drugs which have never held patents. The expiration of a patent removes the monopoly of the patent holder on drug sales licensing. 
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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Generic drug".