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Cost of Drugs

Who Makes This Drug? Disclosing The Identity Of Generic Drug Manufacturers

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

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How to find a better Medicare prescription drug plan

Cost increases and coverage changes are an annual event for many Medicare Part D prescription drug plans. Fortunately, during the open enrollment period (which is Oct. 15 – Dec. 7),

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Don’t assume generic drugs are a good deal

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

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Dollars for Docs: How Industry Dollars Reach Your Doctors

Pharmaceutical and medical device companies are now required by law to release details of their payments to a variety of doctors and U.S. teaching hospitals for promotional talks, research and

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Why do drug companies charge so much? Because they can.

In 1953, a new drug was released by Burroughs Wellcome, a pharmaceutical company based in London. Pyrimethamine, as the compound was named, was originally intended to fight malaria, after the

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How Drug Companies Use “Product Hopping” To Fight Off Affordable Generic Drugs

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

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Daraprim Price Increase: The Effect On Generic Drug Costs

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

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Why are prices of generic drugs spiking?

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

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Could These Drugs Wind Up Bankrupting Medicare?

For senior citizens in the United States there are two constants to look forward to: a Social Security benefit payment and Medicare coverage. These two entitlements are arguably indispensable when

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