Generic Drugs: Better Health at Affordable Rates

| Total Words: 499

Cheap generic drugs are made available primarily to provide a more affordable alternative to branded medications. Generics have been well-received by the public due to the demand for more medical products that would not be expensive and thus, within the means of the poor and average-income citizens to buy. Cheap generic drugs are fast becoming popular in many countries that cannot fully subsidize public health care and the costs of medicines.

In Mexico, for instance, the leading retailer of generic medications is Wal-Mart de Mexico, or called simply as Walmex. It originally launched a medicine line of 150 cheap generic drugs, each of which sells for no more than $3.50. This was launched due to the consistent demand for affordable medicines and the need for a one-stop shop or pharmacy that sells drugs at lower prices. Walmex has Medi-Mark, a line of generic medications that have been made available at the retailer’s supermarket chains. The generics line includes pain relievers, paracetamol, as well as more complex medications like cafergot, a medication for treating migraine.

According to an industry source, some of the medications that are being...

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