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Celebration

(15,812 posts)
Fri Oct 23, 2015, 11:38 AM Oct 2015

Why spend $750 a dose for a drug you can get for $1?

http://www.cbsnews.com/news/why-spend-750-a-dose-for-a-drug-you-can-get-for-1/

Turing Pharmaceutical's controversial move to boost the price it charges for Daraprim from $13.50 a pill to $750 has at least one competitor pledging to offer an equivalent compound that treats a rare parasitic disease -- for just $1 a dose.

"Even at that price, we are going to make a lot of money," Mark Baum, founder of San Diego-based Imprimis Pharmaceuticals (IMMY), told CBS MoneyWatch in a phone interview. "We're just not going to gouge people."

...........snip...................

He said tremendous savings can be realized if physicians take the time to write out the actual active ingredients for their patient, instead of taking the short cut of using the generic's trade name for the prescription. "All of the ingredients we are using are made in FDA-regulated laboratories," Baum said.

Imprimis' business plan, according to its website, is to do end runs around the conventional drug industry by "using compounding pharmacies for the formulation and distribution of high quality, proprietary formulations that are supported by the clinical experience of physicians and their patients."
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Why spend $750 a dose for a drug you can get for $1? (Original Post) Celebration Oct 2015 OP
I posted about this last night and it was largely ignored. drm604 Oct 2015 #1
Maybe get more attention in Health?? Celebration Oct 2015 #3
Compounding pharmacies are the mortal enemies of corporate drug companies...anything can be made. Fred Sanders Oct 2015 #2
Exactly Celebration Oct 2015 #4
Good trusted compounding pharmacies are riversedge Oct 2015 #5
that was an injectable by a VERY questionable company Celebration Oct 2015 #6

Celebration

(15,812 posts)
4. Exactly
Fri Oct 23, 2015, 11:50 AM
Oct 2015

That is what makes this double awesome. FDA isn't too keen on them either. This move is brilliant on all levels.

riversedge

(69,708 posts)
5. Good trusted compounding pharmacies are
Fri Oct 23, 2015, 12:00 PM
Oct 2015

good for all. Think of them as the old pharmacies where a pharmacist would mix up chemicals and presto you have a pill. I know there was trouble out East ?? Mass where some bigger ones got in trouble and gave a bad name to all. There is a Women's health Clinic in Madison WI that does formulas for lots of women for over a decade--without problems. Folks will need to check things out. But the prices are worth it.

Celebration

(15,812 posts)
6. that was an injectable by a VERY questionable company
Fri Oct 23, 2015, 12:03 PM
Oct 2015

It may be used by the FDA for unnecessary regulation, though.

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