What is meant by the term "Trade Name" of a drug?

The term "Trade Name" of a drug refers to the name given by the manufacturer. This is the brand name under which a specific medication is marketed and sold. Trade names are often chosen for their marketability and may be easier for consumers to remember. The manufacturer has exclusive rights to this name, which helps differentiate the drug from other medications and can hold significant marketing value.

This name is distinct from the generic name, which is the non-proprietary name assigned to a drug that is not protected by trademark. Regulatory authorities don't specifically approve a trade name; they might approve the drug's use based on safety and efficacy. Additionally, a trade name doesn't pertain to discounted pricing; rather, it identifies the brand under which the medication is advertised and sold.