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Topic: Generic prices going up (Read 2042 times) |
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tommyD
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Generic prices going up
« on: Dec 27th, 2002, 5:12pm » |
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A story in the New York Times:
As Drug Patents End, Costs for Generics Surge
By MILT FREUDENHEIM
Prices of generic drugs are rising almost twice as rapidly as prices of brand-name drugs, even as many insurers and the Bush administration are pressing Americans to switch in the name of saving money.
The trend is expected to continue over the next few years as a number of enormously popular brand-name drugs lose their patent protection and drug makers introduce generic versions at high initial prices.
Rest of story at:
http://www.nytimes.com/2002/12/27/business/27GENE.html?todaysheadlines
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-tommyD
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