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Medical Forum / Diseases and Disorders / Prostate Cancer / December 2004

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wanginator95 - 28 Dec 2004 01:09 GMT
Subject: Prescription drug prices > Pretty interesting regarding
prescription drugs...... > > This is TRUE!
http://www.snopes.com/medical/drugs/generic.asp > > 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 mg > Consumer Price (100 tablets): $272.37 - > Cost of
general active ingredients: $5.80 > Percent markup: 4,696% > > Norvasec
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
> Percent markup: 2,809% > > 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, Compazin, 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
prescriptions there, as it is a
> feder! ally regulated substance. You just tell them at the door that
you
> wish to use the pharmacy, and they will let you in. >
Stephen Jordan - 28 Dec 2004 01:26 GMT
> Subject: Prescription drug prices > Pretty interesting regarding
> prescription drugs...... > > This is TRUE!
(su-nip BS)

Oh, sure. Yup. I believe it. Yes, I do I do.

Lawn fertilizer.

Steve J
 
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