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        New Message Board Archives >> Medications, Treatments, Therapies 2002 >> Generic prices going up
        
(Message started by: tommyD on Dec 27^th, 2002, 5:12pm)

Title: Generic prices going up
Post by tommyD on Dec 27^th, 2002, 5:12pm

A story in the New York Times:

As Drug Patents End, Costs for Generics Surge
By MILT FREUDENHEIM

Prices of generic drugs are rising almost twice as rapidly as prices of brand-name drugs, even as many insurers and the Bush administration are pressing Americans to switch in the name of saving money.

The trend is expected to continue over the next few years as a number of enormously popular brand-name drugs lose their patent protection and drug makers introduce generic versions at high initial prices.

Rest of story at:
http://www.nytimes.com/2002/12/27/business/27GENE.html?todaysheadlines
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-tommyD