Doctors at the Cleveland Clinic say that sudden price hikes on just two generic drugs Isuprel and Nitropresssold by Valeant Pharmaceuticals have increased the health system’s total drug costs by
When fighting a certain illness, what kind of medicine are you going to buy? Will you go for a branded one? Will you go for the cheaper generic alternative? There
Brand-name drugs may offer more value, but not in the way you’d expect, a new study from New Zealand suggests. The research finds that placebo painkillers labeled with a brand
The U.S. health care system saved a record $254 billion dollars in 2014 from generic drugs, which amounts to $1.68 trillion over the most recent decade (2005-2014), according to the
Pharmacist Narender Dhallan winces as he looks at a computer screen in his drugstore on a recent morning. For the second time in two hours, he has to decide whether
Counting and identifying manufacturers able to supply the U.S. with generic drugs or their base ingredients is critical for promoting the following public health goals: Forecasting national spending on generic
GENERIC DRUGS ARE supposed to save consumers a lot of money, and in most instances they do. According to the US Food and Drug Administration, a generic version of a
You’re probably used to the idea of your doctor prescribing you a brand-name drug and your pharmacist automatically substituting a lower-cost generic equivalent that saves you, the drugstore, and your
The week of Sept. 21, 2015, saw a flurry of stories about the escalating cost of drugs in the U.S. marketplace. These stories were all initiated by Turing Pharmaceuticals buyout
While generic versions of older drugs now account for 80% of all prescription filled in the US and have saved patients a tremendous amount of money, there are examples from
