by Gabriel Levitt, President, PharmacyChecker.com and Prescription Justice | Dec 31, 2015 | Drug Importation, Drug Prices, Online Pharmacies, Skipping medications
As we move out of 2015 and into 2016 with a strong wave of hostility rising throughout the country about high drug prices, what I’m about to report may seem incongruous. Fewer Americans seem to be buying lower cost medications from other countries. For the past few years, largely based on data from the CDC in 2013, I’ve published the number five million as the approximate number of Americans who, due to high drug prices, import medication annually for personal use. But a newer CDC report published in 2015 (that I recently came across) puts that number closer to four million, a 20% decrease.
If drug prices are going up, and Americans are fed up with prescription costs, wouldn’t you expect more people to be buying lower cost medications from outside the country? With fewer Americans buying medication internationally, potentially one million, how many of them are simply not taking prescribed medication? Are our most trusted authorities scaring Americans away from obtaining lower cost medications from other countries, or has affordable access improved over the past few years?
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Tagged with: Alliance for Safe Online Pharmacies, CDC, Center for Safe Internet Pharmacies, Drug Importation, Drug Prices, FDA, National Association of Boards of Pharmacy, Online Pharmacies, Partnership for Safe Medicines, Patent Cliff, Seroquel, United States
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
