What makes a drug fall into the “specialty” drug category is a combination of several factors. First, they tend to be very expensive. This is because they were recently approved, meaning they are under an active patent with no generic or biosimilar version available.
A new study out by Prescryptive Health, a healthcare technology company, found that while 95% of people know they can comparison shop for drugs, very few do.
The cost of a new drug treatment has soared into the stratosphere, dramatically impacting consumers. These findings came out of a recent study by researchers
Last week, Pfizer voluntarily recalled three of their hypertension drugs, including Accuretic, due to nitrosamine levels in the medication. Nitrosamine is common and safe in low amounts, but the drug pushed people above the acceptable daily intake limit, which increased the risk of cancer down the road.
In a recent article in Yahoo Finance, ‘As President Biden eyes drug pricing, expert laments ‘failure of democracy’. The article states that 25% of Americans can’t afford their prescriptions and one-third have skipped a prescription due to cost.
Pharmacists have been a godsend to many people looking for healthcare during COVID as they stepped up during the pandemic to offer COVID testing and vaccinations, a departure from traditional healthcare delivery. It’s paid off. As of Jan. 12, retail pharmacies participating in the Federal Retail Pharmacy Program have administered more than 215.9 million doses.
And, we are waiting…
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