What defines a generic product as a therapeutic equivalent?

A generic product is defined as a therapeutic equivalent when it is pharmaceutically equivalent, meaning it shares the same active ingredient, strength, dosage form, and is intended for the same route of administration. Additionally, it must demonstrate bioequivalence, which ensures that the generic product releases the active ingredient into the bloodstream at a similar rate and extent as the brand-name drug. This is crucial because it ensures that patients receiving the generic product will have the same therapeutic effect as those receiving the branded version.

By having the same strength and dosage form, and ensuring equivalent absorption and release characteristics, the generic can be confidently used as a substitute for the brand name without compromising therapeutic efficacy. This helps in maintaining consistency in patient treatment while also providing cost savings due to the typically lower prices of generic medications.