Interesting email about drug prices and mark uplitte long

Discussion in 'Fibromyalgia Main Forum' started by ckball, Jun 30, 2006.

  1. ckball

    ckball New Member

    but read it all- You will be amazed and start buying your meds somewhere
    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%


    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.

    I am asking each of you to please help me by copying this letter, and
    passing it into your own e-mail, and send it to everyone you know with an
    e-mail address.