BLOG: The rising cost of generic drugs and what’s causing it

You’ve either seen it or heard about it from your patients: The cost of generics drug at the pharmacy is rising dramatically. In the past 2 years, generic drug makers have raised their prices on many age-old generic medications such as doxycycline and pravastatin, each of which increased tenfold in price in 2013, according to a survey by the National Community Pharmacists Association. About one-third of generic drugs are affected by this change, according to a study by Pembroke Consulting, a Philadelphia research firm, but not every dose of every (Read more...)

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