Brand name drug means a Prescription Drug that has been given a name by a manufacturer or distributor to distinguish it as produced or sold by a specific manufacturer or distributor and may be used and protected by a trademark.
Brand name drug means a drug with a proprietary name assigned to it by the manufacturer or distributor.
Examples of Brand name drug in a sentence
If you choose to buy the Brand name drug in this situation, you will be required to pay the Generic co‐pay plus the difference in cost between the Generic and Brand name drug.
More Definitions of Brand name drug
Brand name drug means a drug or product manufactured by a single manufacturer as defined by a nationally recognized Provider of drug product database information. There may be some cases where two manufacturers will produce the same product under one license, known as a co-licensed product, which would also be considered as a Brand Name Drug. There may also be situations where a drug's classification changes from Generic to Preferred or Non-Preferred Brand Name due to a change in the market resulting in the Generic Drug being a single source, or the drug product database information changing, which would also result in a corresponding change to a Covered Person’s payment obligations from Generic to Preferred or Non-Preferred Brand Name.
Brand name drug means a drug for which an application is approved under the Federal Food, Drug, and Cosmetic Act Section 505(c).
Brand name drug means drugs produced and marketed exclusively by a particular manufacturer. These names are usually registered as trademarks with the Patent Office and confer upon the registrant certain legal rights with respect to their use.
Brand name drug means a prescription drug sold under a trade name other than its chemical name that is manufactured and marketed by a single manufacturer (or single group of manufacturers pursuant to agreement among manufacturers) where the manufacturer holds or held a patent protecting the active ingredient from generic competition.Preferred Brand-Name Drug means a Brand-Name Drug that has been placed on The Empire Plan Preferred Drug List by the Insurer.Non-Preferred Brand-Name Drug means a Brand-Name Drug that has not been placed on The Empire Plan Preferred Drug List by the Insurer.