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Over-the-counter (OTC) medications are drugs that can be purchased without a prescription from a pharmacy or drugstore. They are generally used to treat minor health problems, such as colds, flu, indigestion, headaches, and pain.
OTC medications can cause side effects, which vary depending on the medication and the individual. Some common side effects include:
When taking OTC medications, it is important to read and follow the instructions on the package carefully. It is also important to talk to your doctor or pharmacist if you have any concerns about an OTC medication.
Overdosing on OTC medications can be dangerous and should be avoided. If you think you have overdosed on an OTC medication, you should seek medical attention immediately.
Disclaimer: The information provided in this response is not intended to be medical advice and should not be relied upon as such. It is important to consult with a doctor or pharmacist for personalized medical advice.
What is the over-the-counter (OTC) market?
The OTC market refers to a decentralized market where financial securities, such as stocks, bonds, and derivatives, are traded directly between parties without going through a formal exchange like the NYSE. Trades are often facilitated by brokers or dealers.
What is an example of an OTC market?
An example of an OTC market is the trading of smaller company stocks, known as penny stocks, which aren’t listed on major exchanges. The NASDAQ operates as an OTC market for certain securities.
What are OTC options?
OTC options are financial derivatives traded directly between two parties, not on a formal exchange. These contracts are customized to meet the needs of the buyer and seller.
What do you mean by OTC in pharmaceuticals?
In pharmaceuticals, OTC refers to over-the-counter drugs, which are medications available without a prescription. These include common medications like pain relievers, cough syrups, and antacids.
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