Big Win for Your Wallet: Generic Victoza is Here!
The FDA has approved generic Victoza, known as Liraglutide, for Type 2 diabetes. If you are currently using Victoza and would like to learn more about this genetic formulation, continue reading below.
🤔What is Liraglutide (Victoza)?
To find the cost of this medication through GoodRx, use the provided link to check currency prices at participating pharmacies. Since prices fluctuate, make sure to verify the latest price before visiting the pharmacy and bring the necessary information for the pharmacy to enter into their system.
🤔What are Generics?
Generic medications contain the same active ingredients, therapeutic effects, and strength as brand-name products but are sold at lower prices. They are less expensive because they do not need to undergo the same extensive clinical trials that are required for brand-name drugs. Generic versions can only be produced after the brand-name drug’s patent expires, which usually takes about 10 – 20 years. Once the patent expires, other companies can develop generics by completing the final stages of the clinical trials to confirm equivalent efficacy and safety.
🤔Myth or Fact: Generic vs. Brand?
❌Myth: Generic medications do not work as well as the brand-name products.
✅Fact: The medications contain the same active ingredients as brand-name products, ensuring equivalent quality, strength, purity, and stability. The only differences lie in the inactive ingredients, such as dyes, binders, and sweeteners.
❌Myth: Generic Drugs are not as safe and cause more side effects.
✅Fact: Generic medications use the same active ingredients as brand-name drugs. Before they reach the market, generics undergo clinical testing to ensure safety and efficacy. Both brand and generic medications have the same risk-benefits profiles.
Summary
Generic Medications are a cheaper option than brand-name for many medications, for many treatments, available on the market. Despite common myths, generics are just as effective and safe as their brand-name counterparts. After reading the facts above, you may feel more confident in trying a generic medication. If you’re interested in trying liraglutide, talk with your healthcare provider to determine if it is a suitable option for you.