Hick
Git "R" lit
- Joined
- Apr 19, 2005
- Messages
- 12,839
- Reaction score
- 12,639
here's some info that I recently recieved concerning prescriptin drugs. I found it ...interesting.
"[font=tahoma,sans-serif]
>>>>Let's hear it for Costco!!
>>>>(This is just mind-boggling!)
>>>>Make sure you read all the way past the list of the drugs. The
>>>>woman that
>>>>signed below is a Budget Analyst out of federal Washington, DC
>>>>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 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 data 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%
>>>>
>>>>
>>>>
>>>>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
>>>>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 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.
>>>>Sharon L. Davis
>>>>Budget Analyst
>>>>U.S . Department of Commerce
>>>>Room 6839
>>>>Office Ph: 202-482-4458
>>>>Office Fax: 202-482-5480
>>>>E-mail Address: [email protected]
>>>>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>>>>Jamee L. Serago
>>>>Office Manager, Space Science Sector
>>>>L-3 Communications, GSI
>>>>(301) 883-0013 ext.101
>>>>(301) 883-8380 fax
>>>>[email protected][/font]
"[font=tahoma,sans-serif]
>>>>Let's hear it for Costco!!
>>>>(This is just mind-boggling!)
>>>>Make sure you read all the way past the list of the drugs. The
>>>>woman that
>>>>signed below is a Budget Analyst out of federal Washington, DC
>>>>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 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 data 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%
>>>>
>>>>
>>>>
>>>>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
>>>>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 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.
>>>>Sharon L. Davis
>>>>Budget Analyst
>>>>U.S . Department of Commerce
>>>>Room 6839
>>>>Office Ph: 202-482-4458
>>>>Office Fax: 202-482-5480
>>>>E-mail Address: [email protected]
>>>>~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
>>>>Jamee L. Serago
>>>>Office Manager, Space Science Sector
>>>>L-3 Communications, GSI
>>>>(301) 883-0013 ext.101
>>>>(301) 883-8380 fax
>>>>[email protected][/font]