Navigation Links Reports Decrease in Brand Name Drug Prices From Canadian and Other International Online Pharmacies

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, 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'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 savings for an American paying out-of-pocket for Lipitor is $1,408 per year. Looking across an updated list of popular brand name drugs (Table 3), potential online savings ranges from 62% to 91%.

"Canadian and other international online pharmacies allow Americans to shop the world for the lowest drug prices. They have the advantage of identifying countries with the lowest prices on brand name prescription drugs and dispensing from those countries," said Gabriel Levitt, Vice President of

Online drug prices were obtained from the drug price database for pharmacies approved in the Verification Program. Such pharmacies are licensed in their respective countries, require a valid prescription from the patient, and meet requirements for the security of online transactions and patient privacy. Recent independent research by Roger Bate of the American Enterprise Institute has shown the safety of Canadian and other international pharmacies when verified by (See "Limited Personal Importation by The Uninsured Makes Sense", The American).

High drug costs are a major cause of prescription non-compliance. To reduce costs, Americans purchase millions of prescriptions from online pharmacies in the U.S. and abroad. Although technically illegal, the U.S. government has not targeted individuals who buy non-controlled medication from non-US pharmacies for their personal use. Federal legislation to legalize personal drug importation has been proposed, but has failed to pass despite high-profile support. President Obama supported legalizing drug importation during his presidential campaign, as did Chief of Staff Rahm Emanuel, as a Congressman from Illinois, and Secretary of Health and Human Services when she was Governor of Kansas.

Founded in 2002 by Tod Cooperman, M.D. to help Americans find the best drug prices from verified online pharmacies,'s pharmacy ratings and drug price comparisons are free to consumers. is based in New York and is a privately held company with no ownership in or from companies that sell or distribute pharmacy products.


Read the full story at

Source: PRWeb
Copyright©2010 Vocus, Inc.
All rights reserved  

Related medicine news :

1. Begins Blog About Americans' Access to Affordable Medication
2. Heavy alcohol use, binge drinking, might increase risk of pancreatic cancer, researcher reports
3. SDI Reports: Pharmaceutical Promotion Spending Indicates Trend Toward Electronic and Online Promotion
4. President Obama Must Investigate Reports of Detainee Abuse at Bagram Air Base
5. SDI Reports: Hospital Outpatient Surgical Procedures Increasing, Surgery Centers Growing
6. ASPS Reports Cosmetic Plastic Surgery Procedures Down in 2009 -- Up 69% in First Decade of New Millennium
7. MetaGeek Announces Chanalyzer Pro Spectrum Analysis Software for Wi- Spy, Adds Device Classification, Device Finder and Automated Reports
8. Age Management Medicine Conference Reports 21% Spike in Physician Registration, Linked To Frustrations With New Health Reform Legislation
9. Reports Five U.S. Cities with Highest Pollen Activity -- Total Prescriptions for Allergy Medications 3.7% Higher than Last Year
10. Centage Corporation Reports 51% Growth in Revenue for Q1 over Same Period as Last Year
11. Net32, Inc., Reports Record Rate of New Product Additions
Post Your Comments:
Related Image: Reports Decrease in Brand Name Drug Prices From Canadian and Other International Online Pharmacies 
(Date:10/12/2017)... ... October 12, 2017 , ... ... for healthcare compliance program management, will showcase a range of technology and learning ... Assisted Living (NCAL) Convention and Expo to be held October 14–18, 2017 at ...
(Date:10/12/2017)... ... October 12, 2017 , ... The company has developed ... consumer and regulatory authorities worldwide. From Children’s to Adults 50+, every formula has ... highest standard. , These products are also: Gluten Free, Non-GMO, Vegan, Soy ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... leader in post-acute health care, have expanded their existing home health joint venture ... , AccentCare has been operating a joint venture home health company with Asante, ...
(Date:10/12/2017)... (PRWEB) , ... October 12, 2017 , ... HMP ... the recipient of a 2017 Folio Magazine Eddie Digital Award for ‘Best B-to-B Healthcare ... City on October 11, 2017. , The annual award competition recognizes editorial and design ...
(Date:10/12/2017)... GRAND RAPIDS, Mich. (PRWEB) , ... October 12, ... ... OnSite Wellness, has been named one of Michigan’s 2017 Best and Brightest in ... Best and Brightest in Wellness® awards program on Friday, Oct. 20 from 7:30 ...
Breaking Medicine News(10 mins):
(Date:10/4/2017)... , Oct. 4, 2017  South Korean-based healthcare product ... training aide "cprCUBE" on Kickstarter. The device will educate ... cardiac arrests with better efficiency compared to the dated ... real-time feedback on efficacy of the compression for a ... has a goal to raise $5,000. ...
(Date:10/2/2017)... -- Diplomat Pharmacy, Inc. (NYSE: DPLO ) ... , and named its founder as Diplomat,s chief information ... Tennessee , will operate under Diplomat subsidiary Envoy ... for health care partners to include IT outsourcing, consulting, ... "In an interoperable world, technology delivers comprehensive insight and ...
(Date:10/2/2017)... Labs announces the European launch of their new low volume, high ... in Cambridge, U.K on October 4th. The ... with unprecedented speed and sensitivity while using far less sample volume ... ... ...
Breaking Medicine Technology: