Brand-name Drug (Noun)
Meaning
A drug that has a trade name and is protected by a patent (can be produced and sold only by the company holding the patent).
Classification
Nouns denoting man-made objects.
Examples
- The doctor prescribed a brand-name drug for her patient's condition, which was significantly more expensive than the generic alternative.
- After the patent expired, several companies began producing a generic version of the brand-name drug.
- The pharmaceutical company spent millions of dollars advertising their brand-name drug on television and in magazines.
- The brand-name drug was only available through a specialty pharmacy, which made it difficult for some patients to access.
- The insurance company would only cover the cost of the brand-name drug if the patient had tried and failed to respond to a generic version first.