How much it costs a drug company for the active ingredient?

[Guest guest]

>Just a little FYI...

This is why those in Asian Countries isolate active ingredents!

Take Care,

KV

Cost of Drugs>>>> > Bad Economics but interesting reading> >> >> > [The ladies that signed below are Budget Analysts out of federal>Washington D.C. offices. ]> >> > 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 a lot of money by the tablet. 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 chart below speaks >for itself.> >> >

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> > P! ercent markup: 30,306%> >> > Keflex 250 mg> > Consumer Price (100 tab lets): $157.39> > Cost of general! active ingredients: $1.88> > Percent markup: 8,372%> >> > Lipitor 20 mg> > Consumer Price (100 tablets): $272.37> > Cost of general active ingredients: $5.80> > Percent markup: 4,696%> >> > Norvasc 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>pasting it into your own email, and send it to everyone you know with >an email address.> >> > Sharon L. Davis> > Budget Analyst> > U.S. Department of Commerce> > Room 6839>

> Office Ph: 202-482-4458> > Office Fax: 202-482-5480> > Email Address: sdavis<http://us.f816.mail./ym/Compose?To=sdavis & YY=27441 & or>d>er=down & sort=date & pos=0 & view=a & head=b>> >> > Mary Palmer> > Budget Analyst> > Bureau of Economic Analysis> > Office of Budget & Finance> > Voice: (202) 606-9295> > Fax: (202) 606-5324> >

[Guest guest]

Also, note how blisteringly high -- even in comparison to the rest of

the list--the markups are on " mind drugs " . I saw a profit-list like

this once that was organized into a graph, and it was really freaky how

you could see the profits-markups organized:

1. Mind drugs

2. " Lifestyle " drugs

3. Illness drugs

 

....As if there wasn't enough that's creepy about this info! Thanks! -ST

 

kathy villalobos wrote:

> >Just a little FYI...

> This is why those in Asian Countries isolate active ingredents!

> Take Care,

> KV

> Cost of Drugs