Skip to content

Actual Cost Of Making These Popular Prescription Drugs

March 28, 2009
tags: ,


Posted November 8, 2003 thepeoplesvoice.org

From Dr. Betty Martini / Bettym19@mindspring.com

From JUDICIAL REFORM INVESTIGATIONS / justice@court.to

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 chart below speaks for itself.

BRAND NAME CONSUMER
PRICE 100

COST OF GENERAL ACTIVE INGREDIENTS
per 100 tab/cap

PERCENT MARKUP

Celebrex 100 mg

Claritin 10 mg

Keflex 250 mg

Lipitor 20 mg

Norvasc 10 mg

Paxil 20 mg

Prevacid 30 mg

Prilosec 20 mg

Prozac 20 mg

Tenormin 50 mg

Vasotec 10 mg

Xanax 1mg

Zestril 20 mg

Zithromax 600mg

Zocor 40mg

Zoloft 50mg

$130.27

$215.17

$157.39

$272.37

$188.29

$220.27

$44.77

$360.97

$247.47

$104.47

$102.37

$136.79

$89.89

$1,482.19

$350.27

$206.87

$0.60

$0.71

$1.88

$5.80

$0.14

$7.60

$1.01

$0.52

$0.11

$0.13

$0.20

$0.024

$3.20

$18.78

$8.63

$1.75

21,712%

30,306%

8,372%

4,696%

134,493%

2,898%

34,136%

69,417%

224,973%

80,362%

51,185%

569,958%

2,809%

7,892%

4,059%

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 60pills 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.

b-2

2 Comments leave one →
  1. March 29, 2009 12:39 am

    Very nice site! cheap viagra

  2. March 29, 2009 12:39 am

    Very nice site!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: