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Entries Tagged as 'Generic drugs'

Associated Press offers six ways to save on prescription drugs

September 11th, 2008 · 1 Comment

The Associated Press on Wednesday joined in on the recent flurry of media stories offering tips for saving on prescription drugs. The AP’s tips:
1. Use generic medications.
2. Find a lower-cost option, such as an over-the-counter alternative.
3. Shop around.
4. Order by mail.
5. Research state discount programs.
6. Beware of freebies and commercial discount programs.
Read the full [...]

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Tags: Drug costs · Generic drugs · Prescription drugs

10 tips for saving money on prescription drugs

September 3rd, 2008 · 4 Comments

eDrugSearch.com will soon be releasing our first e-book, 99 Ways to Save Money on Prescription Drugs. To whet your appetite, here are 10 ways to save, courtesy of the Cleveland Plain Dealer (who interviewed Dr. Edward Jardini and Steven Findlay, managing editor of Consumer Reports Best Buy Drugs, for their story):
1. Start with [...]

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Tags: Buy prescriptions online · Canadian drugs · Drug costs · Drug discount cards · Drug reimportation · Generic drugs · Health 2.0 · Healthcare solutions · Healthcare100 · Prescription drugs · Wal-Mart drug plan

What’s the difference between brand-name and generic drugs?

June 23rd, 2008 · No Comments

In the United States, we’re trained virtually from birth to value brand names — in fact, often to overvalue them.
Did you know, for example, that when large corporations buy one another, they often have to pay millions — or even billions — of dollars for something accountants call “intangible assets”? One of these assets [...]

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Tags: Generic drugs · Pharmaceutical companies · Pharmaceutical marketing · Prescription drugs

In case of emergency, break patent

May 7th, 2007 · 1 Comment

From Reuters:
Brazil’s president is to decide whether his country will honor Merck & Co’s AIDS drug patent, after the health ministry rejected the company’s price-cut. “We consider the offer insufficient and we told the manufacturer,” Brazil’s health minister, Jose Temporao, told Reuters on Thursday. “The decision (on whether to break the patent) is now [...]

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Tags: Efavirenz · Generic drugs · Merck

Big Pharma paying off generic drug manufacturers to avoid competition

January 18th, 2007 · No Comments

A report by the Federal Trade Commission has found that Big Pharma is paying off generic drug manufacturers in order to sell brand-name products for longer periods without competition.
Apparently, the generic drug manufacturers can make more money from witholding their drugs from the market than from selling them.

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Tags: Big Pharma · Generic drugs

More companies to produce generic Zocor

January 14th, 2007 · No Comments

Although the FDA approved the production of a generic version of Zocor in June 2006 by both Teva Pharmaceutical and Ranbaxy Laboratories, prices for the drug have dropped less than 10 percent since then. The recent approval of six more companies to sell generic Zocor should change that.
Analysts expect prices to drop as much [...]

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Tags: Generic drugs · Merck · Zocor

If Big Pharma isn’t picking your pocket, the big drugstore chains are

December 29th, 2006 · 1 Comment

Rite Aid Corp. — the third-biggest drugstore chain, which recently agreed to buy the Eckerd and Brooks chains as well — has seen its profits rise of late after its introduction of generic versions of drugs such as Zoloft.
Why? Because generic medications carry a higher profit margin for the big chains than brand-name drugs.
Let me [...]

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Tags: Generic drugs · Online pharmacies · Zoloft

Generics will soon be nipping at Lipitor’s heels

December 28th, 2006 · No Comments

From Reuters:
Pfizer Inc. is bracing for cheap competition to its biggest-selling product, the cholesterol drug Lipitor, a further worry for investors already reeling from the failure of its most important experimental medication. Last week, a raft of generic drugmakers announced that they had received U.S. approval to sell cheap versions of Merck & Co.’s rival [...]

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Tags: Generic drugs · Lipitor · Pfizer