LymeNet Home LymeNet Home Page LymeNet Flash Discussion LymeNet Support Group Database LymeNet Literature Library LymeNet Legal Resources LymeNet Medical & Scientific Abstract Database LymeNet Newsletter Home Page LymeNet Recommended Books LymeNet Tick Pictures Search The LymeNet Site LymeNet Links LymeNet Frequently Asked Questions About The Lyme Disease Network LymeNet Menu

LymeNet on Facebook

LymeNet on Twitter




The Lyme Disease Network receives a commission from Amazon.com for each purchase originating from this site.

When purchasing from Amazon.com, please
click here first.

Thank you.

LymeNet Flash Discussion
Dedicated to the Bachmann Family

LymeNet needs your help:
LymeNet 2020 fund drive


The Lyme Disease Network is a non-profit organization funded by individual donations.

LymeNet Flash Post New Topic  New Poll  Post A Reply
my profile | directory login | register | search | faq | forum home

  next oldest topic   next newest topic
» LymeNet Flash » Questions and Discussion » Medical Questions » Cost of Drugs

 - UBBFriend: Email this page to someone!    
Author Topic: Cost of Drugs
islandgirl
LymeNet Contributor
Member # 5914

Icon 1 posted      Profile for islandgirl     Send New Private Message       Edit/Delete Post   Reply With Quote 
This just came in an email to me. Don't know if it has been posted on Lymenet, but I thought it of great interest.

Subject: Very interesting article on the cost of prescription drugs.
The women that signed below are Budget Analysts out of federal Washington, D.C. offices.

Did you ever wonder how much it costs a drug company for the active
ingredient in prescription medications? Some people think it must cost a
lot, since many drugs sell for more than $2.00 per tablet. We did a search
of offshore chemical synthesizers that supply the active ingredients found
in drugs approved by the FDA. As we have revealed in past issues of Life
Extension, a significant percentage of drugs sold in the United States
contain active ingredients made in other countries.

In our independent investigation of how much profit drug companies really
make, we obtained the actual price of active ingredients used in some of
the most popular drugs sold in America.

The chart below speaks for itself.

Celebrex 100 mg
Consumer price (100 tablets): $130.27
Cost of general active ingredients: $0.60
Percent markup: 21,712%

Claritin 10 mg
Consumer Price (100 tablets): $215.17
Cost of general active ingredients: $0.71
Percent markup: 30,306%

Keflex 250 mg
Consumer Price (100 tablets): $157.39
Cost of general active ingredients: $1.88
Percent markup: 8,372%

Lipitor 20 m g
Consumer Price (100 tablets): $272.37
Cost of general active ingredients: $5.80
Percent markup: 4,696%

Norvasc 10 mg
Consumer price (100 tablets): $188.29
Cost of general active ingredients: $0.14
Percent markup: 134,493%

Paxil 20 mg
Consumer price (100 tablets): $220.27
Cost of general active ingredients: $7.60
Percent markup: 2,898%

Prevacid 30 mg
Consumer price (100 tablets): $44.77
Cost of general active ingredients: $1.01
Percent markup: 34,136%

Prilosec 20 mg
Consumer price (100 tablets): $360.97
Cost of general active ingredients $0.52
Percent markup: 69,417%

Prozac 20 mg
Consumer price (100 tablets) : $247.47
Cost of general active ingredients: $0.11
Percent markup: 224,973%

Tenormin 50 mg
Consumer price (100 tablets): $104.47
Cost of general active ingredients: $0.13
Percent markup: 80,362%

Vasotec 10 mg
Consumer price (100 tablets): $102.37
Cost of general active ingredients: $0.20
Percent markup: 51,185%

Xanax 1 mg
Consumer price (100 tablets) : $136.79
Cost of general active ingredients: $0.024
Percent markup: 569,958%

Zestril 20 mg
Consumer price (100 tablets) $89.89
Cost of general active ingredients $3.20

Zithromax 600 mg
Consumer price (100 tablets): $1,482.19
Cost of general active ingredients: $18.78
Percent markup: 7,892%

Zocor 40 mg
Consumer price (100 tablets): $350.27
Cost of general active ingredients: $8.63
Percent markup: 4,059%

Zoloft 50 mg
Consumer price: $206.87
Cost of general active ingredients: $1.75
Percent markup: 11,821%>

Since the cost of prescription drugs is so outrageous, I thought everyone I
knew should know about this. Please read the following and pass it on. It
pays to shop around. This helps to solve the mystery as to why they can
afford to put a Walgreen's on every corner.

On Monday night, Steve Wilson, an investigative reporter for Channel 7 News in Detroit, did a story on generic drug price gouging by pharmacies. He found in his investigation, that some of these generic drugs were marked up as much as 3,000% or more. Yes, that's not a typo.....three thousand
>percent!

So often, we blame the drug companies for the high cost of drugs, and
usually rightfully so. But in this case, the fault clearly lies with the
pharmacies themselves. For example, if you had to buy a prescription drug,
and bought the name brand, you might pay $100 for 100 pills. The pharmacist might tell you that if you get the generic equivalent, they would only cost $80, making you think you are "saving" $20. What the pharmacist is NOT telling you is that those 100 generic pills may have only cost him $10!

At the end of the report, one of the anchors asked Mr. Wilson whether or
not there were any pharmacies that did not adhere to this practice, and he said that Costco consistently charged little over their cost for the generic
drugs. I went to the Costco site, where you can look up any drug, and get
its online price. It says that the in-store prices are consistent with the
online prices.

I was appalled.
Just to give you one example from my own experience, I had to use the drug,
Compazine, which helps prevent nausea in chemo patients. I used the generic
equivalent, which cost $54.99 for 60 pills at CVS. I checked the price at
Costco, and I could have bought 100 pills for $19.89. For 145 of my pain
pills, I paid $72.57. I could have got 150 at Costco for $28.08.

I would like to mention, that although Costco is a "membership" type
store, you do NOT have to be a member to buy a prescription there, as it is
a federally regulated substance. You just tell them at the door that you wish to use the pharmacy, and they will let you in. (This is true, I went there this past Thursday and asked them.)

I am asking each of you to please help me by copying this letter, and
passing it into your own email, and send it to everyone you know with an
email address.
Sharon L. Davis
Budget Analyst
U.S Department of Commerce
Room 6839
Office Ph: 202-482-4458
Office Fax: 202-482-5480

Mary Palmer
Budget Analyst
Bureau of Economic Analysis
Office of Budget & Finance
Voice: (202) 606-9295
Fax: (202) 606-5324


Posts: 190 | From BC Canada | Registered: Jul 2004  |  IP: Logged | Report this post to a Moderator
efsd25
LymeNet Contributor
Member # 2272

Icon 1 posted      Profile for efsd25     Send New Private Message       Edit/Delete Post   Reply With Quote 
AWESOME!!!! Thanks for sharing
Posts: 546 | From Cascadia subduction zone | Registered: Mar 2002  |  IP: Logged | Report this post to a Moderator
frenchbraid
LymeNet Contributor
Member # 4225

Icon 1 posted      Profile for frenchbraid     Send New Private Message       Edit/Delete Post   Reply With Quote 
This info was posted awhile back and after reading it, we switched over to Sam's Club for our rx. We literally saved 100's of dollars a month.

Thank you for bringing this up again. It's important for people to know that there are other options.

frenchbraid

------------------
Stay positive. Smile. People care.


Posts: 948 | From Northwest, NJ USA | Registered: Jul 2003  |  IP: Logged | Report this post to a Moderator
rosesisland2000
Frequent Contributor (5K+ posts)
Member # 2001

Icon 4 posted      Profile for rosesisland2000     Send New Private Message       Edit/Delete Post   Reply With Quote 
Wow, I would surely like to know where they got the consumer price for Prevacid. I'd love to shop there.

Prevacid 30 mg
Consumer price (100 tablets): $44.77
Cost of general active ingredients: $1.01
Percent markup: 34,136%

And, I get my Zoloft, also from www.realfastdrugstore.com and the price there is 6 times more.

and the prevacid is about 6 times less than RFDS...seems as if these two were interchanged with each other.

anyway....
www.realfastdrugstore.com

is not only cheap, but, realiable and you can get your drugs from them in 7-10 days depending on the day of the week your order was placed right from your doctor's fax machine to their toll-free fax number. They are Canadian. Go to the site and compare their prices to that of Cosco.

Rosemary


Posts: 6191 | From Arkansas | Registered: Jan 2002  |  IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code� is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | LymeNet home page | Privacy Statement

Powered by UBB.classic™ 6.7.3


The Lyme Disease Network is a non-profit organization funded by individual donations. If you would like to support the Network and the LymeNet system of Web services, please send your donations to:

The Lyme Disease Network of New Jersey
907 Pebble Creek Court, Pennington, NJ 08534 USA


| Flash Discussion | Support Groups | On-Line Library
Legal Resources | Medical Abstracts | Newsletter | Books
Pictures | Site Search | Links | Help/Questions
About LymeNet | Contact Us

© 1993-2020 The Lyme Disease Network of New Jersey, Inc.
All Rights Reserved.
Use of the LymeNet Site is subject to Terms and Conditions.