What is the difference between a Generic and Name-Brand Drug?

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A Name-Brand drug is marketed under a specific trade name by a pharmaceutical manufacturer In most cases, Name-Brand drugs are still under patent protection, meaning the manufacturer is the sole source for the product but in many Countries around the world this is not the case and a generic alternative is readily available. A generic drug is made with the same active ingredients and in the same dosage form as a brand name drug. The generic drug is therapeutically equivalent to the brand name drug but is sold under its chemical or "generic" name.