Even if logicians say that there is no guaranteed cure for hair loss, some drugs have shown extremely encouraging results in last few years. One such drug is Generic Propecia.Finasteride (Generic Propecia) is one of the two drugs officiated by the U.S. Food and Drug Administration (FDA) for male baldness.Finasteride, commonly known by its brand name Generic Propecia, is a widely recommended medicine for the prevention and cure of hair loss in men. Finasteride was approved by the US FDA in 1997 for the treatment of male pattern baldness. Finasteride slows down the growth of DHT, the primary substance responsible for causing hair loss in men.