After reading about the $80,000,000,000, 10 year drug pact that the gub’ment and BigPharma made in June 2009 for the proposed health care reform, I decided to look into the markup and percentage gains on commonly used medications.
It was easier to find then I thought it would be thanks to Globalresearch.ca, which had some great examples of what i was looking for.
In a place that values capitalism and profits, I cannot think of another industry that seems to be doing quite as well.
Celebrex 100 mg
CONSUMER PRICE
(For 100 tabs/caps) $130.27COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.60PERCENT MARKUP 21,712%
Claritin 10 mg
CONSUMER PRICE
(For 100 tabs/caps) $215.17COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.71PERCENT MARKUP 30,306%
Keflex 250 mg
CONSUMER PRICE
(For 100 tabs/caps) $157.39COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $1.88PERCENT MARKUP 8,372%
Lipitor 20 mg
CONSUMER PRICE
(For 100 tabs/caps) $272.37COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $5.80PERCENT MARKUP 4,696%
Norvasc 10 mg
CONSUMER PRICE
(For 100 tabs/caps) $188.29COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.14PERCENT MARKUP 134,493%
Paxil 20 mg
CONSUMER PRICE
(For 100 tabs/caps) $220.27COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $7.60PERCENT MARKUP 2,898%
Prevacid 30 mg
CONSUMER PRICE
(For 100 tabs/caps) $344.77COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $1.01PERCENT MARKUP 34,136%
Prilosec 20 mg
CONSUMER PRICE
(For 100 tabs/caps) $360.97COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.52PERCENT MARKUP 69,417%
Prozac 20 mg
CONSUMER PRICE
(For 100 tabs/caps) $247.47COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.11PERCENT MARKUP 224,973%
Tenormin 50 mg
PERCENT MARKUP $104.47
COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.13PERCENT MARKUP 80,362%
BRAND NAME Vasotec 10 mg
CONSUMER PRICE
(For 100 tabs/caps) $102.37
COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.20PERCENT MARKUP 51,185%
Xanax 1mg
CONSUMER PRICE
(For 100 tabs/caps) $136.79COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $0.024PERCENT MARKUP 569,958%
Zestril 20 mg
CONSUMER PRICE
(For 100 tabs/caps)$89.89COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $3.20PERCENT MARKUP 2,809%
Zithromax 600mg
CONSUMER PRICE
(For 100 tabs/caps) $1,482.19COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $18.78PERCENT MARKUP 7,892%
Zocor 40mg
CONSUMER PRICE
(For 100 tabs/caps) $350.27COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $8.63PERCENT MARKUP 4,059%
Zoloft 50mg
CONSUMER PRICE
(For 100 tabs/caps) $206.87COST OF GENERIC ACTIVE INGREDIENT
(For 100 tabs/caps) $1.75PERCENT MARKUP 11,821%
I have heard the excuses about the costs of the drugs that make it, have to pay for the drugs and research that do not. Well I don’t buy it. Maybe drug companies can cut a few of their billion dollar per year ad campaigns, and stop gouging the public and government.
An even better idea is if people start eating right, exercising, and visit a chiropractor to allow for optimal nervous system function, but that would be too cheap, easy, and effective.
One of the most apparent things that I see in these numbers, are the drug companies have ZERO incentive to helping people get well, stay well, and live a drug free life. Where would their 500,000%+ profit go?