Home Must Reads Oregonians pay 10 times more for prescription drugs

Oregonians pay 10 times more for prescription drugs

| Print |  Email
Must Reads
Friday, July 12, 2013

Oregonians have paid 10 times more for top-selling prescription drugs due to deals between drug manufacturers to delay generics.

The 20 top prescription drugs that paid off their rivals to keep generics off the market resulted in average delays of five years that left patients paying up to 33 times as much for brand names, according to a report released Thursday from the Oregon State Public Interest Group and Community Catalyst. The drugs listed include some common prescriptions: Lipitor, Tamoxifen and Cipro.

The report comes in the midst of heightened efforts nationwide to rein in health care costs, including from prescription drugs. The Supreme Court ruled last month that the Federal Trade Commission can sue companies for paying rivals to keep generic drugs off the shelves.

Read more at OregonLive.com.

{biztweet}prescription drug{/biztweet}

 

More Articles

True Blood

October 2014
Thursday, September 25, 2014
BY JOE ROJAS-BURKE

Antibiotics really aren’t magic bullets.


Read more...

Gone Fishing

October 2014
Thursday, September 25, 2014
BY LORI TOBIAS

Business has been good to Laura Anderson, leading some to suggest she must be awfully lucky to find such success in a business notorious for failure. But luck’s had little to do with it.


Read more...

OB Poll: Wineries and groceries

News
Friday, October 24, 2014

24-winethumbA majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.


Read more...

Downtime

November/December 2014
Wednesday, October 22, 2014
BY JESSICA RIDGWAY

Bob Dethlefs, CEO of Evanta, balances work and play.


Read more...

Knight Vision

October 2014
Thursday, September 25, 2014
BY VIVIAN MCINERNY

Travis Knight wants to release a movie a year. Can he pull it off?


Read more...

Water World

November/December 2014
Wednesday, October 22, 2014
BY KIM MOORE

Fred Ziari aims to feed the global population.


Read more...

Election Season

November/December 2014
Wednesday, October 22, 2014

We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS