0-6733 : evaluation of generic and branded herbicides.
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2012-08-01
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Abstract:As with other products in the marketplace,
generic herbicides often have a lower initial
product cost than their brand-name
counterparts.Herbicide formulations are
patented for 17 years with proprietary rights for
name, formula, and production.Once the patent
expires, the formula becomes available to
anyone that wishes to manufacture or distribute
the same formulation as the original.Genericproduct manufacturers can typically offer much
lower prices because they do not have to pay for
the initial development, testing, and patent fees
that make up the majority of costs associated
with agricultural chemicals today.
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