Budget Medicines Making Healthcare Affordable for All
In today’s world, healthcare is a basic need, but for millions of people, the cost of medicines often becomes a barrier to treatment. As the prices of branded medications continue to soar, budget medicines —also known as generic medicines or affordable alternatives—have emerged as a crucial solution. They not only reduce the financial burden on individuals and families but also help ensure that healthcare is more accessible and equitable. This blog explores what budget medicines are, why they are important, how to access them, and how they are reshaping the landscape of global healthcare. What Are Budget Medicines? Budget medicines refer to medications that are sold at significantly lower prices than their branded counterparts. These are usually generic drugs , which contain the same active ingredients, dosage, strength, safety, and efficacy as branded versions. They are approved by regulatory authorities such as the FDA (U.S.) , MHRA (UK) , or CDSCO...