by PharmacyChecker.com | May 24, 2011 | Drug Prices, Saving Money on Prescription Drugs
Generic prescriptions are on the rise, as doctors are prescribing them, and pharmacies are filling them, now more than ever. We recently wrote that the percentage of generic scripts being dispensed rose to 78% last year. But the popularity for generics – attributed to the significantly lower price tag compared to brand name drugs – is expected to take on a whole new meaning, as the patents for some blockbuster brand name drugs expire this year; this is also known as the “Patent Cliff”.
The biggest prize, Pfizer’s Lipitor (for Cholesterol), the number one selling drug in the U.S., goes generic later this year (November 2011); and Plavix (a blood thinner) and Actos (for Diabetes) will follow (May 2012 and August 2012, respectively). As patents run out, these and other popular prescription drugs will be far more affordable in the U.S., since generic drug prices tend to be lower here than in other countries. (more…)
Tagged with: Actos, blood thinner, brand name drugs, Canada, Celebrex, Cholesterol, consumer guide, Costco.com, diabetes, generic prescriptions, Lipitor, Patent Cliff, Pfizer, Plavix, Seroquel, Simvastatin, U.S. pharmacies, United States, Zocor
by PharmacyChecker.com | May 12, 2011 | Drug Prices
Last summer we reported on the prohibitive costs of AIDS and H.I.V. drugs in America. Due to high drug prices, plus overcrowded and inefficient AIDS Drug Assistance Programs, individuals suffering from these diseases live in fear, not knowing if they will get the meds they need. Sadly, the problem has gotten worse.
A recent discussion on an AIDS/H.I.V. community web forum is what caught our attention. In that forum’s thread entitled “Links to Stop White House from Blocking Online Pharmacies”, outspoken members have voiced outrage over recent price hikes of critical HIV medications.
As reported by the AIDS and H.I.V. advocacy website and monthly magazine POZ.com, Gilead Sciences, a major manufacturer of AIDS and H.I.V. prescription drugs, has increased prices for its top HIV medications. “Atripla increased by 5.1 percent, and Truvada and Emtriva increased by 7.9 percent.” Comparing prices for these drugs at a local New York bricks and mortar pharmacy to licensed and verified foreign pharmacies, one finds substantial price discrepancies:
Drug Prices for a Three-Month Supply
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Tagged with: AIDS, AIDS Health Foundation, America, Atripla, Change.org, community web forum, Drug Prices, Emtriva, Florida, Gilead Sciences, Governor Rick Scott, H.I.V., Online Pharmacies, petition, Truvada, United States, White House
by PharmacyChecker.com | Apr 8, 2011 | Drug Prices
We don’t mean to sound like a broken record, but more reports keep coming out informing us, and hopefully our elected officials, too, that people are not taking their medication due to cost. Most recently it is the Mayo Clinic.
Based on a study of 209 patients prescribed heart medications, researchers found that among patients who did a poor job following prescriptions, financial concern was the main reason: 46 percent reported that they had stopped taking statins or not filled a prescription because of cost, and 23 percent acknowledged skipping doses to save money.
If there was ever ambiguity about whether high drug prices are a major threat to the public health, there is no longer. Data gathered by the U.S. Center for Disease Control, the National Consumer’s League, and Harvard School of Public Health, and, now, from the Mayo Clinic proves the point. We’ve dedicated time and effort in finding solutions to this health emergency. Our Consumer Guide can help Americans alleviate this burden and our advocacy initiative provides them with a platform to speak up to their elected officials.
Tagged with: Advocacy, Center for Disease Control, consumer guide, Harvard School of Public Health, Mayo Clinic, medication, National Consumer's League, prescription abandonment, skipping medicine, United States
