Despite billions promised by PhRMA, generics remain a better deal for seniors “It may be good news for those who are on a drug for which there are no generic alternatives-and staying on a necessary brand name is better than skipping prescription medications altogether. But even at half price, many of the most popular brand name drugs are still far more expensive than generics, which have repeatedly proven to be just as safe and effective.” [Consumer Reports Health]
By alexchasick June 24, 2009
More From Consumerist
- FDA Approves First “Biosimilar” Drug. Could Drive Down Cost Of Most Expensive Medications
- Why Does A Tube Of Cold Sore Cream Cost $2,500?
- We Live In A World Where Your Insurer Doesn’t Care That It Charges Two Prices For One Drug
- Class-Action Suit Accuses CVS Of Overcharging Customers For Generic Drugs
- Walgreens Gives Teen Wrong Prescription, Shrugs