Generic use reached 84% in 2012, study finds
A number of years ago… it was thought that 75% generic utilization was going to be “the top”.. now it appears that ..that estimate was wrong..
Does this mean that step-therapy is really making an impact on generic utilization…
The “Elephant in the room” is at some point.. probably in the not too distant future… there is going to be no place to go… generic utilization is going to max-out and will average Rx prices start to climb?
With Obamacare coming.. when we reach the max-out of generic utilization.. will we see a pricing system similar to Canada and other countries with a national health insurance program.. where drug companies have to “bid” to have their drugs paid for..
On the down side, where is the money going to come from for R&D for new/improved drugs?
Filed under: General Problems
and we are still stocking and selling this stuff
http://www.pharmacist.com/fortune-magazine-alleges-massive-fraud-ranbaxy