As I was on the phone with one of my customers today, we were looking up a price for Renova (a medication that helps with the treatment of acne and other skin conditions). When I looked up the price for her, she was stunned at the fact the generic, Tretinoin, was only $7.37 with the… [Read More…]
The pharmacist apologizes to Mr. Johnson as she hangs up the phone. “I’m sorry, our acquisition price has increased, which is reflected in the final price that you have to pay”. Mr. Johnson is upset that the generic medication his son Jeremy has been taking for several years to treat his acne has increased in… [Read More…]
2014 is poised to be another great year for improving the availability of generic drugs and lowering drug costs. Over 50 name brand medications are expected to lose their patents in 2014, ending the monopoly that drug manufacturers have on these brand name products. While the big pharmaceutical companies may not consider this to be… [Read More…]
Thanks to “The Payer’s Guide to Managing Pharmacy Costs” for publishing on their blog this schedule of upcoming generic drug releases for new drugs coming off patent. If you take Nexium, Diovan, Copaxone, or any of the other brand name drugs on this list regularly, you should be excited about the cost savings coming your… [Read More…]
