Final answer:
A generic equivalent drug product must be interchangeable, therapeutically equivalent, and meet the same quality standards as the brand-name drug to be eligible for generic substitution.
Step-by-step explanation:
In order for a generic equivalent drug product to be eligible for generic substitution, it must meet certain conditions:
- The generic drug must be interchangeable with the original brand-name drug, meaning it has the same active ingredients and is absorbed by the body in the same way.
- The generic drug must be therapeutically equivalent to the original brand-name drug, meaning it produces the same effects in terms of safety, effectiveness, and dosage.
- The generic drug must meet the same rigorous standards of quality and manufacturing as the brand-name drug.
These conditions are established by the U.S. Food and Drug Administration (FDA) to ensure that generic drugs are safe and effective alternatives to brand-name drugs.