Dr. Susan Berry
breitbart.com
February 1, 2014
The pervasive use of generic over brand-name medications was anticipated to
be a money-saver, but recently prices are soaring, even up 6,000 percent for
some common drugs that were once fairly low-cost.
As National Journal reports, pharmacists are perplexed about the huge price
hikes in many drugs and are asking Congress to hold a hearing to look into the
matter.
Generic drugs such as Pravastatin, which treats high cholesterol, and the
antibiotic Doxycycline spiked upwards of 1,000 percent in 2013, according to a
survey by the National Community Pharmacists Association.
According to the survey, 77 percent of pharmacists said they experienced 26
or more instances of a large increase in the acquisition price of a generic drug
within the last six months of 2013.
Read more
Saturday, February 1, 2014
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