Do New Drugs Always Have to Cost So Much?
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Some economists say the government can reduce pharmaceutical prices by changing how the nation pays for innovation.
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TORONTO (CP) - Canadians are paying hundreds of millions of dollars too much for generic prescription drugs because federal government policies are allowing manufacturers to shut out competitors, a study released Monday concludes.
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Over the last decade, the use of prescription drugs has exploded in Canada. Spending on such drugs has doubled and more Canadians are popping pills than ever before in an effort to treat everything from serious
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Many cannot easily shop around for the best bargains on their drugs, as other Medicare beneficiaries are supposed to do.
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CHICAGO/NEW YORK  - When it comes to the price tag  for the newest biotechology drugs for cancer and other  hard-to-treat diseases, the sky is likely to remain the limit,  insurers, drugmakers and industry watchers say.
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A major component in the skyrocketing cost of health care in America is prescription drug costs. Whatever final solution the country comes to about how to handle health care, one thing is clear, pharmaceutical
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Few American adults have bought  prescription drugs via the Internet, despite rising drug costs  and increased pressure to import cheaper drugs from abroad,  according to a new study released on Sunday.
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Since 1992 when the Food and Drug Administration began charging &quot;user fees&quot; to drug companies seeking FDA approval, the agency has received more than $825 million in payments for its services.
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Two months into Wal-MartÂs drug program, it is unclear whether offering $4 generic drugs is drawing new customers into the companyÂs stores.
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Charging workersâ out-of-pocket costs for medicines may be more than offset by reduced productivity, study finds.
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If its latest drug isn't approved, the pharmaceutical could face trouble.
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Spending on prescription drugs rose briskly in 2006 as the Medicare drug benefit kicked in and the government's share of expenditures for medicines surged, according to a federal study to be released today. Overall, health-care spending in the United States continued its climb, rising 6.7 percent...
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By Thomas Ginsberg, The Philadelphia Inquirer  Jan. 31--Here is something you may not hear every day: The drug giant Wyeth said yesterday that it was "surprised" to hear that it is about to face generic competition on its $216 million heart drug Inderal LA.
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THE REGION Study: Uninsured pay highest drug prices
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When a great launch of a good drug is not enough.
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Thailand's new government could pay for four cancer drugs instead of overriding their international patents, Health Minister Chaiya Sasomsap said on Wednesday, fearing possible trade sanctions against his country. The cancer medicines targeted by the previous military-appointed government for compulsory licenses, which allow countries to make or buy cheap, copycat versions of drugs, would cost $24-$27 million a year.
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But the price still ain't right.