Proprietary drug
Proprietary Drug
A Proprietary drug (pronunciation: pruh-pry-uh-ter-ee druhg) is a medication that is produced and sold under a trademarked brand name. These drugs are also commonly referred to as brand-name drugs or patented drugs.
Etymology
The term "proprietary" originates from the Latin word "proprietas", which means "ownership". In the context of pharmaceuticals, it refers to the exclusive rights of a company to manufacture and sell a particular drug under a specific name.
Related Terms
- Generic drug: A medication that is equivalent to a brand-name product in dosage, strength, route of administration, quality, performance, and intended use, but does not carry the brand name.
- Over-the-counter drug (OTC): A medicine that can be bought without a prescription.
- Prescription drug: A pharmaceutical drug that legally requires a medical prescription to be dispensed.
- Pharmaceutical company: A commercial business licensed to research, develop, market and/or distribute drugs, most commonly in the context of healthcare.
- Drug patent: A legal protection that gives the patent holder the exclusive right to produce, use, and sell the drug for a set period of time.
See Also
External links
- Medical encyclopedia article on Proprietary drug
- Wikipedia's article - Proprietary drug
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