Navigation Links
Brand Name Drug Prices Zoom

A report has found that prices of 200 brand name drugs which are taken regularly by older Americans have risen by 6.3% during the 12 month period ending // mid June 2006, against an inflation rate of 3.8%. The survey was conducted by AARP and reported in their Rx Watchdog Report released on Tuesday. It is also reported that the prices of 75 commonly used generic drugs remain the same.

Heading the list of drugs with highest price rise is Aventis' Ambien 5mg with a hike of 13.3%.It is followed by Boehringer Ingelheim's Combivent (12%), Pfizer's Atrovent (12%), Ambien 10mg (9.9%) and Glaxo Smith Kline's Wellbutin (9.4%).

The biggest average six month price rise has been reported in Aventis, up by 7.7% and the lowest in Monarch and Takeda (0%) and Lilly (2.5%).

The report author Susan Raetzman, assosiate director of AARP's Public Policy Institute said that though the rate of price increase is the same as in recent years, it means an increase of over $70 annually, for a drug which is taken regularly. Considering an average annual cost of $300 on drugs for older people, this is quite steep.

Raetzman said that this would also affect people on Medicare Plan D as the cost increases get passed on to its members.

To help contain the drug price hikes AARP is supporting a bill in Congress, which will permit the import of drugs from Canada and other western countries.

David Sloane, AARP's senior managing director of government relations said in a prepared statement that for the first time a bill of this nature has received widespread support .It would allow safe and legal import of drugs.

The executive director, Sharon Treat of the National Legislative Association on Prescription Drug Prices, a nonpartisan, nonprofit group founded by state legislators to make prescription drugs more affordable and accessible to Americans, said that the price increases are unjustified.

She felt that the people and the government were being ripped off and added that the Medicare Plan D seems to have spurred on the price increase. Under this plan the federal government cannot negotiate the prices of the drugs, which has resulted in a situation where reduction in the prices is not a priority.
'"/>




Related medicine news :

1. Variations In ingredients From Brand to Brand
2. Drinking Brandy Is Good For Health
3. Marketing of Low Tar Cigarette Brand by BAT Unethical
4. New Research Reveals How We Process Brands And Products
5. Big Brands Ensure Lasting Influences In Dietary Choices.
6. Brain Responds Better to Name Brands
7. Salmonella Contamination Suspected In A Brand Of Fresh Spinach
8. Some Brands of Ready Meals Recalled After Glass Scare
9. Two Brands of Pesto Recalled in Quebec, Ontario
10. Drug Companies May Be Penalize For Overcharging NHS Tax Payers Money on Branded Drugs
11. Ark Land Brand Bottled Water Faces a Bottleneck
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/26/2016)... ... 2016 , ... PawPaws brand pet supplements owned by Whole Health ... the health of felines. The formula is all-natural and is made from Chinese herbs ... Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract and Rehmannia ...
(Date:6/25/2016)... ... 25, 2016 , ... The temporary closing of Bruton Memorial Library on June 21 due to ... a new, often overlooked aspect of head lice: the parasite’s ability to live away from ... common occurrence, but a necessary one in the event that lice have simply gotten out ...
(Date:6/25/2016)... ... ... Friday, June 10, Van Mitchell, Secretary of the Maryland Department of Health and Mental ... exemplary accomplishments in worksite health promotion. , The Wellness at Work Awards took place ... BWI Marriott in Linthicum Heights. iHire was one of 42 businesses to receive an ...
(Date:6/24/2016)... ... ... crisis. Her son James, eight, was out of control. Prone to extreme mood shifts and ... him, he couldn’t control his emotions,” remembers Marcy. “If there was a knife on ... say he was going to kill them. If we were driving on the freeway, ...
(Date:6/24/2016)... ... ... BioMedics, Inc, makers of Topricin and MyPainAway Pain Relief Products, join The ‘Business for a ... an hour by 2020 and then adjusting it yearly to increase at the same rate ... assure the wage floor does not erode again, and make future increases more predictable. , ...
Breaking Medicine News(10 mins):
(Date:6/23/2016)... 23, 2016  Astellas today announced the establishment of Astellas Farma Colombia (AFC), a new affiliate with operations headquartered ... Latin America . ... ... ... ...
(Date:6/23/2016)... 2016  Guerbet announced today that it has been ... Award . One of 12 suppliers to ... its support of Premier members through exceptional local customer ... commitment to lower costs. ... our outstanding customer service from Premier," says Massimo ...
(Date:6/23/2016)... Research and Markets has announced ... Analysis (United States, China, Japan, Brazil, United Kingdom, Germany, ... offering. Surgical Procedure ... planners, provides surgical procedure volume data in a geographic ... in-depth analysis of growth drivers and inhibitors, including world ...
Breaking Medicine Technology: