Thursday, April 14, 2016

The Persistent Value of Generics

The use of brand-name medications when clinically-equivalent generics are available results in billions of dollars in pharmacy waste each year in the U.S.
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf

The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. Any yet, more than half of the prescription drugs available today have a generic option for consumers. A generic drug is chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval. 
 
 
To read more on this topic, please check out the Express Scripts article titled, "The Persistent Value of Generics".

HORIZON Health Ventures is a healthcare cost management solutions company used by insurance brokers, employee benefit consultants, third-party administrators, insurance companies, and associations, to bring proven thought leadership and strategy to the management of their clients healthcare costs. To learn more about HHV and their services, please visit http://horizonhealthventures.com/
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpufinfiosnsoifn
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The average price of brand name drugs increased 16.2% in 2015 and 98.2% since 2011. And yet, more than half of the prescription drugs available today have a generic option for consumers.
A generic drug is a chemically equivalent, lower-cost version of a brand-name drug. Each generic medication dispensed in the U.S. must meet the same strict standards of the U.S. Food and Drug Administration (FDA) for quality and therapeutic efficacy. Additionally, generics must meet rigorous testing standards from the FDA to ensure bioequivalence to brand-name medications prior to approval.
- See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The use of brand-name medications when clinically-equivalent generics are available results in billions of dollars in pharmacy waste each year in the U.S. - See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The use of brand-name medications when clinically-equivalent generics are available results in billions of dollars in pharmacy waste each year in the U.S. - See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The use of brand-name medications when clinically-equivalent generics are available results in billions of dollars in pharmacy waste each year in the U.S. - See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The use of brand-name medications when clinically-equivalent generics are available results in billions of dollars in pharmacy waste each year in the U.S. - See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf
The use of brand-name medications when clinically-equivalent generics are available results in billions of dollars in pharmacy waste each year in the U.S. - See more at: http://lab.express-scripts.com/lab/insights/drug%20options/the%20persistent%20value%20of%20generics?ec_as=5DA797094C4948BA955D5BC8A5FBAC4F#sthash.dZEmTdmA.dpuf

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