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The Price We Pay for Prescription
Drugs!
Pharmaceutical companies swindle the American
population with price markups on drugs as much as 570,000%, while their
unscrupulous partners at stores and restaurants continue to sell the
unhealthy food that causes the illnesses that fuel the demand for
the drugs.
Did you ever wonder how much it costs a drug company for the active
ingredient in prescription medications? Some people think it must
cost a lot, since many drugs sell for more than $2.00 per tablet. We
did a search of offshore chemical synthesizers that supply the
active ingredients found in drugs approved by the FDA.
As we have revealed in past issues of Life Extension, a significant
percentage of drugs sold in the United States contain active
ingredients made in other countries. In our independent
investigation of how much profit drug companies really make, we
obtained the actual price of active ingredients used in some of the
most popular drugs sold in America.
The figures below speak for themselves.
Celebrex 100 mg
Consumer price (100 tablets): $130.27
Cost of general active ingredients: $0.60
Percent markup: 21,712%
Claritin 10 mg
Consumer Price (100 tablets): $215.17
Cost of general active ingredients: $0.71
Percent markup: 30,306%
Keflex 250 mg
Consumer Price (100 tablets): $157.39
Cost of general active ingredients: $1.88
Percent markup: 8,372%
Lipitor 20 m g
Consumer Price (100 tablets): $272.37
Cost of general active ingredients: $5.80
Percent markup: 4,696%
Norvasec 10 mg
Consumer price (100 tablets): $188.29
Cost of general active ingredients: $0.14
Percent markup: 134,493%
Paxil 20 mg
Consumer price (100 tablets): $220.27
Cost of general active ingredients: $7.60
Percent markup: 2,898%
Prevacid 30 mg
Consumer price (100 tablets): $44.77
Cost of general active ingredients: $1.01
Percent markup: 34,136%
Prilosec 20 mg
Consumer price (100 tablets): $360.97
Cost of general active ingredients $0.52
Percent markup: 69,417%
Prozac 20 mg
Consumer price (100 tablets) : $247.47
Cost of general active ingredients: $0.11
Percent markup: 224,973%
Tenormin 50 mg
Consumer price (100 tablets): $104.47
Cost of general active ingredients: $0.13
Percent markup: 80,362%
Vasotec 10 mg
Consumer price (100 tablets): $102.37
Cost of general active ingredients: $0.20
Percent markup: 51,185%
Xanax 1 mg
Consumer price (100 tablets) : $136.79
Cost of general active ingredients: $0.024
Percent markup: 569,958%
Zestril 20 mg
Consumer price (100 tablets) $89.89
Cost of general active ingredients $3.20
Percent markup: 2,809%
Zithromax 600 mg
Consumer price (100 tablets): $1,482.19
Cost of general active ingredients: $18.78
Percent markup: 7,892%
Zocor 40 mg
Consumer price (100 tablets): $350.27
Cost of general active ingredients: $8.63
Percent markup: 4,059%
Zoloft 50 mg
Consumer price: $206.87
Cost of general active ingredients: $1.75
Percent markup: 11,821%
Since the cost of prescription drugs is so outrageous, I thought
everyone I knew should know about this. Please read the following
and pass it on. It pays to shop around. This helps to solve the
mystery as to why they can afford to put a Walgreens on every
corner.
On Monday night, Steve Wilson, an investigative reporter for Channel
7 News in Detroit, did a story on generic drug price gouging by
pharmacies. He found in his investigation, that some of these
generic drugs were marked up as much as 3,000% or more. Yes, that's
not a typo.- three thousand percent!
So often, we blame the drug companies for the high cost of drugs,
and usually rightfully so. But in this case, the fault clearly lies
with the pharmacies themselves. For example, if you had to buy a
prescription drug, and bought the name brand, you might pay $100 for
100 pills. The pharmacist might tell you that if you get the generic
equivalent, they would only cost $80, making you think you are
"saving" $20. What the pharmacist is not telling you is that
those 100 generic pills may have only cost him $10!
At the end of the report, one of the anchors asked Mr. Wilson
whether or not there were any pharmacies that did not adhere to this
practice, and he said that Costco consistently charged little over
their cost for the generic drugs. I went to the Costco site, where
you can look up any drug, and get its online price. It says that the
in-store prices are consistent with the online prices. I was
appalled.
Just to give you one example
from my own experience, I had to use the drug, Compazine,
which helps prevent nausea in chemo patients. I used the generic
equivalent, which cost $54.99 for 60 pills at CVS. I checked
the price at Costco, and I could have bought 100 pills for $19.89.
For 145 of my pain pills, I paid $72.57. I could have got 150 at
Costco for $28.08.
I would like to mention, that
although Costco is a "membership" type store, you do NOT have to be
a member to buy prescriptions there, as it is a federally regulated
substance. You just tell them at the door that you wish to use the
pharmacy, and they will let you in. (this is true, I went
there this past Thursday and asked them.) I am asking each of you to
please help me by copying this letter, and passing it into your own
email, and send it to everyone you know with an email Address.
- ATAC
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