Navigation Links
Generic Drugs Usage In US Can Save $20 Billion – Express Script Surve

Though there is lot of controversies over the usage of Generic drugs in India and other countries.// Now US based company Express Script has done a survey to find out that usage of generic drugs in US could have saved $20 billion in 2004 which would be more in the future. Though it is well known that US policies are also governed by big companies which include pharmaceutical industries, who would not accept this fact but the reality is that billion of dollars can be saved by using generic drugs. On average, a generic drug costs approximately $60 less than a brand name drug. Consumers also pay a lower co-payment for generic medications, saving $10 or more per prescription on average compared to branded medications.

Express Scripts, Inc. is a US based company which has studied and examined six major drug-therapy classes and was based on a random sample of approximately 3 million individuals. According to a new report by The Express Scripts “2004 Generic Drug Usage Report” also ranked generic drug use and savings opportunities by state, revealing significant variation across the six drug categories used to treat common conditions like stomach ulcers, inflammation, depression, high blood pressure and high cholesterol. The company is one of the nation’s largest managers of pharmacy benefit plans for employers, governments, unions and health plans.

Generic drugs in the field of treating Gastrointestinal which is a common disease can save up to $5.4 billion nationally. In the anti-cholesterol category, generics are only dispensed 7% of the time nationally. However, drug costs could be reduced an additional $5.1 billion annually if generic fill rates reach the 70% goal projected in the report. The generic fill rate goals utilized in the study are based on an evaluation of clinical efficacy and market dynamics of branded and generic medications.

Steve Miller, MD, Express Scripts Vice President, Research said, 'We have only scratched the surface in
'"/>




Page: 1 2

Related medicine news :

1. Generic drug costs remain shackled
2. FDA Approves Indian Generic Drug For AIDS Treatment
3. Proper Validation of Generic Drugs Could Save Millions of AIDS Patients
4. AIDS Generic Drugs Approved by FDA for Sale in US
5. HIV Mortality declining in India due to Generic Antiretroviral therapy drugs
6. Generic Products Compete With GlaxoSmithKline
7. ViroPharma Shares Fall As FDA Moves Towards Generic Vancocin
8. Ranbaxy Expands By Acquiring A Generic Company In Belgium
9. First Generic Version of Lexapro permitted by US
10. Dr Reddys Launches Generic Version Of Mercks Proscar Tablets
11. Ranbaxy Acquires Glaxosmithklines Generic Unit in Spain
Post Your Comments:
*Name:
*Comment:
*Email:
TAG: Generic Drugs Usage Can Save Billion Express Script Surve

(Date:7/11/2014)... Experience Mayan heritage and enjoy the spirit ... the luxury all-inclusive AAA Five Diamond Grand Velas Riviera ... ecological family tour where guests learn about local flora ... Tour at the Mayan archeological site of Coba. Guests ... the Yucatan and the only pyramid people are still ...
(Date:7/11/2014)... 2014 With the arrival of summer, ... cosmetic surgery and hair transplant procedures, up 80 percent ... range of medical tourism destinations, the company is helping ... costs and achieve the look they have always desired. ... top name in the medical tourism industry, VisitandCare.com is ...
(Date:7/11/2014)... 2014 WWTrek Human Outreach Project ... Community in Tanzania. Opened in 2012, the KKC is now ... cows. HOP Founder, Dean Cardinale, started the KKC to create ... orphaned children he encountered while running treks on Tanzania's Mount ... who have all made astounding progress in school over the ...
(Date:7/11/2014)... Steven Reinberg HealthDay ... Stress, hostility and depression may increase the risk for stroke, ... seemed to raise the risk of a stroke or ... found that stress apparently raised stroke or TIA risk by ... A TIA is a mini-stroke caused by a temporary blockage ...
(Date:7/11/2014)... July 11, 2014 Recently, Fadhits.com, the distinguished ... of kids prom dresses . To bring more benefits ... has also launched a special offer for these brand new ... 2014. , The company’s sales manager says gladly, “We are ... special offer is to acknowledge all new and old customers ...
Breaking Medicine News(10 mins):Health News:Explore the Aura and Mystery of the Yucatan’s Mayan Culture with New Hotel Package at AAA Five Diamond Grand Velas Riviera Maya 2Health News:Explore the Aura and Mystery of the Yucatan’s Mayan Culture with New Hotel Package at AAA Five Diamond Grand Velas Riviera Maya 3Health News:VisitandCare.com Reports Increase in Cosmetic and Hair Transplant Procedures for Men 2Health News:VisitandCare.com Reports Increase in Cosmetic and Hair Transplant Procedures for Men 3Health News:Human Outreach Project Sees Incredible Progress in the Kilimanjaro Kids Community 2Health News:Stress, Depression May Boost Stroke Risk, Study Finds 2Health News:Stress, Depression May Boost Stroke Risk, Study Finds 3Health News:Promotion for Kids Prom Dresses Now Provided at Fadhits.com 2
... July 14 Poor people in many,countries receive lower-quality ... can be done to change this pattern? Some strategies ... improving health,coverage of the poor, or soliciting poor clients, ... On July 15 at 12:00 noon at the Wilson ...
... Line-up Drawn From Over 250 Entries, GENEVA, Switzerland, ... Chronicles, the first ever international documentary film,competition on cancer, ... winner Freeheld and many other remarkable films from 16 ... of over 250,entries from 40 countries., The festival ...
... Roxane Laboratories, Inc.,announced today the approval ... Morphine,Sulfate Tablets and Oral Solution CII by ... Morphine Sulfate CII is available in,15mg, 30mg ... strengths.,Roxane Laboratories, Morphine Sulfate tablets and oral ...
... Poland, July 14 Preliminary findings,from a ... of project,management, released today at the Project ... business and organizational,performance can be significantly improved ... study, "Researching the Value of Project Management," ...
... 4-fold increase in death, major complications , , MONDAY, ... levels after heart surgery is essential, whether one is ... , The British report, published in Circulation ... surgery patients is linked to a fourfold increase in ...
... Long-Term Care, GREENSBORO, N.C., July 14 ... it successfully completed its,Discovery-180 technology assessment and ... http://www.foxlearningsystems.com ), a leading e-learning,organization based in ... innovator,of the Real Life, Real Learning(TM) staff ...
Cached Medicine News:Health News:Improving Health Care for the World's Poor: Public Health Experts Suggest Future Steps at Wilson Center 2Health News:First International Cancer Film Festival Announces Finalists 2Health News:First International Cancer Film Festival Announces Finalists 3Health News:Roxane Laboratories, Inc. Announces the Approval of Morphine Sulfate Tablets and Oral Solution 2Health News:Study: Global Business Performance Significantly Improved Through Project Management 2Health News:Poor Blood Sugar Control After Heart Surgery Impacts Outcomes 2Health News:Fox Learning Systems Selects Prymak's Discovery-180(TM) Technology Assessment to Guide Search for New LMS 2Health News:Fox Learning Systems Selects Prymak's Discovery-180(TM) Technology Assessment to Guide Search for New LMS 3
(Date:7/11/2014)...  Kindred Hospital Houston Northwest, with Wound Care ... its new outpatient wound healing center.  The wound ... chronic, hard to heal wounds. Chronic wounds include ... lower leg wounds related to blood flow issues, ... injury wounds which are complex and demonstrate delayed ...
(Date:7/11/2014)... , July 11, 2014  Australian drug delivery company, ... it has raised A$19.3 million via a placement of ... , the U.S., Asia ... from a share purchase plan (SPP) to be offered ... be made in two tranches. "This capital ...
(Date:7/11/2014)... July 11, 2014 On ... down 0.52%, the Dow Jones Industrial Average finished the day ... 1,964.68, down 0.41%. The losses were broad based as eight ... S&P 500 Health Care Sector Index ended the day at ... the last one month. Investor-Edge has initiated coverage on the ...
Breaking Medicine Technology:Kindred Hospital Houston Northwest, With Wound Care Specialists, Opens Outpatient Wound Healing And Hyperbaric Center 2Phosphagenics' A$19.3 million Capital Raising 2Phosphagenics' A$19.3 million Capital Raising 3Health Care Equipment Equities Movers and Shakers -- Research on Covidien, Baxter, DexCom, and Boston Scientific 2Health Care Equipment Equities Movers and Shakers -- Research on Covidien, Baxter, DexCom, and Boston Scientific 3Health Care Equipment Equities Movers and Shakers -- Research on Covidien, Baxter, DexCom, and Boston Scientific 4
... is largely a collaborative enterprise. Frequently researchers from ... their efforts and exchange ideas, to devise new ... as those known as autism spectrum disorders, researchers ... diverse populations of patients, finding a broader pool ...
... AZOR Using 24-Hour Ambulatory BP MeasuresPARSIPPANY, N.J., May 8 ... at the American Society of Hypertension, Inc. (ASH) Twenty-Fourth ... Francisco from the AZ OR(R) T rial ... ontrol ( AZTEC ) demonstrated that a stepwise amlodipine ...
Cached Medicine Technology:Autism Studies Presented at Mid-Atlantic Research Consortium Meeting 2Autism Studies Presented at Mid-Atlantic Research Consortium Meeting 3Autism Studies Presented at Mid-Atlantic Research Consortium Meeting 4New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 2New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 3New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 4New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 5New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 6New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 7New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 8New Data Shows AZOR(R) (amlodipine and olmesartan medoxomil) Significantly Improves 24-Hour Ambulatory Blood Pressure 9
... The 5mm AEM Laparoscopic Instruments incorporate ... AEM Instruments are shielded and monitored to ... of the instrument caused by insulation failure ... risk. The protective shield built into all ...
... AEM Laparoscopic Instruments incorporate a layered design ... shielded and monitored to prevent stray electrosurgical ... caused by insulation failure or capacitive coupling; ... shield built into all AEM Instruments provides ...
... Laparoscopic Instruments incorporate a layered design unique ... and monitored to prevent stray electrosurgical burns ... by insulation failure or capacitive coupling; a ... built into all AEM Instruments provides a ...
... The 5mm AEM Laparoscopic Instruments incorporate ... AEM Instruments are shielded and monitored to ... of the instrument caused by insulation failure ... risk. The protective shield built into all ...
Medicine Products: