“Generic drugs can save you money. They cost much less than brand-name drugs. But many people worry that generics are not as good. You need not fear that. Generics are every bit as pure, potent, and safe as brands.”

The USA FDA regulates generic drugs just as it does brands, and all generics, by law, must have exactly the same active chemicals as the brands they copy. You’ll get the same medical benefit.

This year 2009, according to a research of Standard & Poor’s, branded drug sales are set to decline for the first time within this dedicate. That’s partly due to the economy, but also due to increasing competition from generic drugs.

According to IMS Health, the industry’s clearinghouse for drug sales data, says that $24 billion worth of branded drugs this year will get generic competitors, up from $18 billion last year. The figure will hit $30 billion by 2012.