Brand Drug means a prescription drug product that is not a Generic Drug.
Brand Drug or “Brand” shall mean a pharmaceutical product covered under the Plan’s pharmacy benefit that is a prescription drug, including over-the-counter drugs dispensed pursuant to a prescription, medicine, agent, substance, device, supply or other therapeutic product that is not a Generic Drug. For the purposes of the ingredient cost discount Target Pricing, a Brand Drug excludes, and a Specialty Drug includes, a Specialty Brand Drug.
Brand Drug means a prescription drug identified as such in ESI’s master drug file using indicators from First Databank (or other source nationally recognized in the prescription drug industry used by ESI for all clients) on the basis of a standard Brand/Generic Algorithm utilized by ESI for all of its clients, a copy of which may be made available for review by Administrator, Client, or its Auditor upon request. Notwithstanding the foregoing, certain prescription drug medications that are licensed and then currently marketed as brand name drugs, where there exists at least one (1) competing prescription medication that is a generic equivalent and interchangeable with the marketed brand name drug, may process as “Generic Drugs” for Prescription Drug Claim adjudication and Member Copayment purposes.
Examples of Brand Drug in a sentence
The following are required co-payments for prescription drugs: Type of Drug Co-Payment Generic Drug* $0 Brand Drug* $15 preferred drugs (formulary)** $30 non-preferred drugs (non-formulary) Maintenance Drugs Same Annual Co-pay Maximums $1,000 *A Generic Drug is a drug which is able to be produced by more than one drug company because the exclusive brand name patent time period has expired.
More Definitions of Brand Drug
Brand Drug means and refer to prescription drug(s) designated with either “M”, “N”, and “O” in Medispan’s Multi-Source Code field.
Brand Drug means, except as otherwise designated in the Additional Provisions of the BPA Addendum, a drug that may be protected by a patent and/or marketed under a trade name which the Pricing Source designates as a Brand Drug. The Pricing Source used on the effective date of this Exhibit, Medi-Span, typically designates Brand Drugs as M, N or O in their multi-source code indicator.
Brand Drug means a drug so reported by First DataBank®, Medi-Span®, or other third- party source or as otherwise agreed upon by Respondent and GLO/VLB.
Brand Drug means a drug so reported by First DataBank®, Medi-Span®, or other third-party source or as otherwise agreed upon by the Provider and the Board.
Brand Drug or "brand drug" means a drug or non-drug product, whether identified by its chemical, proprietary, or non-proprietary name, that is approved by the Food and Drug Administration ("FDA") and consistent with the application of data definitions selected by Offeror in the "Drug Classification" section of this Offer.
Brand Drug means any medicinal substance that may only be dispensed pursuant to a prescription order from a Physician or other authorized prescriber under state or federal regulations. Additionally, it means a drug for which a pharmaceutical company has received a patent or trade name. Additionally, compounded medications and combination medications manufactured and/or packaged together are considered non-formulary/non-preferred brand name drugs. A Brand Drug may be a Non-Preferred Brand or a Non-Preferred Brand as defined in the Drug Formulary provided as Appendix to the Plan Document.
Brand Drug means a product whose national drug code number, depending on the applicable Drug Pricing