Generic Drugs

 
2006
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NEWS
  ...prices of close to 1,000 brands of 'generic-generic' and 'branded generic' drugs, including Omeprazole and Ciprofloxacin, are set to crash by up to 92% with the pharma industry agreeing to a government proposal on capping trade margins....
  ... patent challenge. The agreement sparked numerous lawsuits alleging that consumers were being denied access to cheap generic drugs . ...
  The savings for consumers could be enormous. Unlike doctor care, which is expensive but paid mostly by health insurance, patients pay a relatively higher share of prescription drug costs out of their own pockets. Generics can cost as much as 80 percent less than their branded versions
  With soaring drug prices and a growing number of aging Baby Boomers, an estimated two million Americans - mostly uninsured or underinsured seniors - rely on Canada as their source for affordable prescription drugs
  The Food and Drug Administration (FDA) recently approved generic versions of two widely prescribed drugs simvastatin and lovastatin.
   

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Important Note :The above information is intended to supplement, not substitute for, the expertise and judgment of your physician, pharmacist or other healthcare professional. It should not be interpreted to indicate that use of the medication is safe, appropriate, or effective for you. Consult your healthcare professional before using any medicine.