Generic medicines are pharmaceutical drugs that contain the same active ingredients, dosage, strength, safety, and intended use as their brand-name counterparts. They offer the same therapeutic benefits but are typically sold at much lower prices due to reduced development and marketing costs. Approved by regulatory authorities like the FDA or EMA, generic medicines must meet strict standards for quality, effectiveness, and bioequivalence. Widely used in healthcare systems around the world, generics make essential treatments more affordable and accessible, without compromising on safety or performance.