Pharmaceutical Marketing: Definition of Terms

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Last updated 9:43 AM on 2/4/24
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22 Terms

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Brand Name or Trademark Name

The commercial name given to a drug by its manufacturer, which is usually protected by a trademark.

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Chemical Name of Drug

The precise name describing the chemical composition of a drug

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Chemical Equivalents

Drugs that have the same active ingredient, strength, and dosage form but may differ in characteristics like shape, color, or inert ingredients.

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Generic

A term used to refer to a drug product that is not marketed under a brand or trademark name.

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Generic Drug

A medication that contains the same active ingredients as a brand-name drug and is typically less expensive.

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IMS Philippine Pharmaceutical Index (PPI)

An index that provides information about the pharmaceutical market in the Philippines.

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Patented Products

Drugs protected by a patent, giving the inventor exclusive rights to produce and sell the drug for a specified period.

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Therapeutic Equivalents

Drugs that have the same therapeutic effect and are considered interchangeable

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Unpatented Products

Drugs that do not have patent protection.

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Advertised Products

Medications promoted through marketing and advertising efforts.

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Drug Department

A section within a pharmacy or healthcare facility that handles the storage and dispensing of medications.

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Drug

A substance used for the diagnosis, treatment, or prevention of diseases.

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Ethical Drug or Prescription Drug

Medications that require a prescription from a licensed healthcare provider.

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Health Services

Various services provided for the maintenance or improvement of health, including medical treatment, preventive care, and wellness programs.

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Household Remedy

Over-the-counter (OTC) medications or home-based treatments used for common health issues.

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Medical Staff

Professionals involved in healthcare, such as doctors, nurses, and other trained individuals.

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Medicine

A substance used for treating, alleviating, or preventing illness or disease.

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Medical Services

Various healthcare-related services provided by healthcare professionals and facilities.

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Proprietary Medicine

A medication marketed under a brand or trademark name.

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Primary Health Care

Basic healthcare services provided to individuals in their communities, emphasizing prevention and early intervention.

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OTC (Over-the-Counter)

Medications that can be purchased without a prescription.

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WHO (World Health Organization)

An international organization that focuses on global health issues and provides guidance and standards for healthcare worldwide.