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Definition: A brand name is assigned by a manufacturer or supplier to distinguish their product in the market. It serves as a recognisable brand identity.
Generic Name: The generic name of a medication is its scientific or official name, typically based on its chemical composition or active ingredient.
For example, Panadol is a well-known brand name of a medication manufactured by a pharmaceutical giant. The generic name for Panadol is paracetamol. Both names refer to the same medication.
Explanation: While Panadol is the brand name under which the medication is marketed, paracetamol is the generic name used to refer to the drug itself.
