Comments on: The Baffling Pricing of Prescription Drugs http://blog.pharmtech.com/2011/04/07/the-baffling-pricing-of-prescription-drugs/ The blog of Pharmaceutical Technology magazine Thu, 09 May 2013 23:30:55 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: Lilly Abbott http://blog.pharmtech.com/2011/04/07/the-baffling-pricing-of-prescription-drugs/comment-page-1/#comment-36302 Lilly Abbott Fri, 08 Apr 2011 17:39:20 +0000 http://blog.pharmtech.com/?p=4040#comment-36302 It is suggested to be careful with the prescription drugs - vicodin or oxycodone - because their side effects may be hazardous to our health. Mentioned online that they should buy these medicines without a prescription because of the danger of abusing them without control. Lilly Abbott Findrxonline It is suggested to be careful with the prescription drugs – vicodin or oxycodone – because their side effects may be hazardous to our health. Mentioned online that they should buy these medicines without a prescription because of the danger of abusing them without control.

Lilly Abbott
Findrxonline

]]> By: Pharma guy http://blog.pharmtech.com/2011/04/07/the-baffling-pricing-of-prescription-drugs/comment-page-1/#comment-36281 Pharma guy Thu, 07 Apr 2011 18:16:54 +0000 http://blog.pharmtech.com/?p=4040#comment-36281 Doctors are comfortable with the compounded version because its cheap and easy and they have never had a problem with it. So goes the normalcy bias of most markets. The FDA version of the drug comes with peace of mind, consistency, FDA approved manufacturing, and of course, expense! How is it that people want to spend $500 dollars on a stroller, but balk at an expensive drug that helps mothers? Yes, its expensive, but apparently their patient assistance programs reduce the cost to something near the compounded price. If I was sitting in the doctors office, with my pregnant wife, and the doctor presents the two options, we are going with the higher cost, FDA approved drug. Here is an analogy question: if you are going to climb a mountain, do you want to buy a cheap rope from an unfamiliar local manufacturer, or an expensive one from a large company that makes the rope under the scrutiny of regulators? Doctors are comfortable with the compounded version because its cheap and easy and they have never had a problem with it. So goes the normalcy bias of most markets. The FDA version of the drug comes with peace of mind, consistency, FDA approved manufacturing, and of course, expense! How is it that people want to spend $500 dollars on a stroller, but balk at an expensive drug that helps mothers? Yes, its expensive, but apparently their patient assistance programs reduce the cost to something near the compounded price. If I was sitting in the doctors office, with my pregnant wife, and the doctor presents the two options, we are going with the higher cost, FDA approved drug. Here is an analogy question: if you are going to climb a mountain, do you want to buy a cheap rope from an unfamiliar local manufacturer, or an expensive one from a large company that makes the rope under the scrutiny of regulators?

]]>