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PharmacyChecker.com Reports Decrease in Brand Name Drug Prices From Canadian and Other International Online Pharmacies
Date:5/25/2010

73% Average Savings Potential At International Online Pharmacies Compared to U.S. Pharmacy Drug Prices

White Plains, New York (PRWEB) -- In stark contrast to rising U.S. brand name drug prices, prices on brand name medication from online pharmacies dispensing from abroad have decreased over the past 18 months according to analyses by PharmacyChecker.com, the leading independent evaluator of online pharmacies. Looking at ten popular brand name medications, prices on eight products decreased by 7% to 26% and increased for only two products (Table 1). During the same period, U.S. pharmacy prices increased by 7% to 24%, or an average 15% excluding Prevacid which dropped in price due to generic competition (Table 2). The increase in U.S. prices is consistent with figures recently reported by AARP. Potential savings by American consumers now averages 73% on brand name drugs purchased from Canadian or other international online pharmacies compared to domestic bricks and mortar pharmacies (Table 3).

Price Comparison Tables

The price decline is based on comparisons for ten drugs that appeared in PharmacyChecker.com's 2008 report "Safe Strategies for Drug Savings." In 2008, a 90-day supply of Lipitor was available online for $112. It is now available for only $104, a 7% decrease and a 77% savings over the U.S. retail price, which is $456. The potential dollar savin
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