Generic Propecia is prescribed for treating androgenic alopecia, commonly known as male pattern baldness. Androgenic alopecia is a common health issue characterized by the progressive thinning and shedding of hair. Hair fail is mostly experienced on the crown or top of the head. Generic Propecia is meant only for men, so women and children should never use it. This medicine averts the conversion of a male sexual hormone (testosterone) into dihydrotestosterone (DHT) to control hair fall. It also helps in regrowth of hair in terms of both thickness and density. The active component of this generic medicine is Finasteride.