Check Out The Profits The Drug Company's Make!

[Guest guest]

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.

 

Fw: Re: Prescription

costs Holy Moses

Sun, 24 Apr 2005 19:07:12 -0700

 

WWW.RESCUECLEARINGHOUSE.COM

 

 

Prescription Costs

 

The following is incredible. Make sure to keep

reading to the bottom where it discusses Costco, Sam's

Club, etc.

 

The women who wrote this email and signed below

are Federal Budget Analysts in Washington, DC

 

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 State 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

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 mg 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): $10237

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 Walgreen's

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, Sam's Club and other discount volume stores

consistently charged little over their cost for the

generic drugs. I went to the discount store's website,

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, Comparing, 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 another discount store for

$28.08. I would like to mention, that although these

are 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.

 

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, US Department of

Commerce Room 6839

Office Ph: 202-482-4458; Office Fax: 202-482-5480

Email Address:

sdavis@docgov

 

Mary Palmer, Budget Analyst, Bureau of Economic

Analysis Office of

Budget & Finance; Voice: (202) 606-9295

 

 

 

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