Brand name drug definition

Brand name drug means a drug marketed under a proprietary, trademark-protected name.
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 with a proprietary name assigned to it by the manufacturer or distributor.

Examples of Brand name drug in a sentence

A Prescription Drug that: 1) is chemically equivalent to a Brand- Name Drug; or 2) We identify as a Generic Prescription Drug based on available data resources.

Non-Preferred Brand Name Drug means a Brand Name Drug which appears on the Balanced Drug List as a Non-Preferred Brand Name Drug.

Except as stated below, the Covered Person is responsible for the difference between the cost of the Brand Name Drug and the Generic Prescription Drug.

Except as stated below, the Member is responsible for the difference between the cost of the Brand Name Drug and the Generic Prescription Drug.

Preferred Brand Name Drug means a Brand Name Drug which appears on the Balanced Drug List as Preferred Brand Name Drug.


More Definitions of Brand name drug

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 Prescription Drug which is marketed under or protected by:
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 a drug that is produced or distributed in
Brand name drug. A Prescription Drug that: 1) is manufactured and marketed under a trademark or name by a specific drug manufacturer; or 2) We identify as a Brand-Name Prescription Drug, based on available data resources. All Prescription Drugs identified as “brand name” by the manufacturer, pharmacy, or Your Physician may not be classified as a Brand-Name Drug by Us.
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 that may be used and protected by a trademark. Calendar Year means January 1 through December 31 of each year. SAMPLE Cardiac Rehabilitation means inpatient or outpatient services designed to limit the physiologic and psychological effects of cardiac illness, reduce the risk for sudden death or reinfarction, control cardiac symptoms, stabilize or reverse atherosclerotic process and enhance the psychosocial and vocational status of eligible Members.