Alprazolam is the generic name of Brand Xanax. Alprazolam is a drug that belongs to the class of benzodiazepine with a potency that is short lived. It works by fastening to a type of neurotransmitter of the nervous system, GABA and is mainly used for the treatment of neurological disorders like panic attacks and anxiety disorders with varying severity.
It also acts as an anticonvulsant and a muscle relaxant. In certain situations, it is designated to relieve nausea resulted by chemotherapy. Alprazolam is generally classified under anxiolytics, sedatives or hypnotics.
Xanax is one of the most widely used anti-anxiety drugs and it costs more than generic Alprazolam. The price difference is a resultant of the cost of production involved in the manufacturing of the branded drug.
What is the possible reason behind the price difference between Xanax and Alprazolam?
When a license or copyright for a particular drug is acquired by a pharmaceutical company, no other companies are allowed to manufacture the medicine until the contract expires, who then after the expiry of the copyright, manufactures the medicine under a different brand name.
The manufacturer of generic Alprazolam does not have to incur the cost involved in the procedure of marketing, research, manufacturing, promotions and surveys as the branded manufacturer entirely incurs the cost of production. The medication under the name of Xanax is exclusively marketed by Pfizer Company while the generic medication is sold under various brand names all over the world, with a little investment. It is the prime reason that makes Xanax more costly than Alprazolam.
What are the other differences between the generic Alprazolam and the brand Xanax?
Although Alprazolam and Xanax may be considered as similar drugs, yet when studied closely they are not really same, owing to certain differences. Alprazolam is the generic name for Xanax, a patent brand name which is subjected to copyrights and licenses and is obtained by a certain company. Irrespective of the same components, the generic variant is manufactured by various pharmaceutical companies while Xanax is solely and exclusively produced by the Pfizer Company.
As per some of the cases, the presence of inactive ingredients in the generic version leads to adverse allergic reactions or sensitivities, while the branded version do not lead to any reactions due to a slightly different composition. Besides that, both the versions of the pill have similar components, the speed of effectiveness, potency and a side effect, apparently, the only difference found is in the packaging and appearance of the medication.
The generic is as good as the branded drug. The most prominent difference between the two drugs lies not in its effectiveness but in its price. The cost of Xanax is more than Alprazolam because its price is paid for a patent brand name. One can choose alprazolam for their anxiety to get around the high cost of Xanax.
The generic form and branded form of the drug have similar claims regardless of their slight distinctions both alleviate the symptoms of the individuals who are in pain and give them comfort.