AFRICANEWSWIRE.NET (April, 22 2012) Many patients relying on essential medications can look forward to cheaper drugs in 2012, a major year for generics in pharmaceuticals. Many of the mega meds are seeing the end of patents and generic versions of best-selling drugs have been approved by health bodies as FDA and Health Canada. This means patients; insurance companies and health care programs can look forward to great savings in 2012.
The expiration of patents on certain prescription medications means drastic price reductions. Price reductions are guaranteed for drugs with patent expiration because a patented drug excludes others from manufacturing, using and selling the drug. This enables the patent holder to sell the drugs at their own high prices. This can be extremely disadvantageous to their customers. The expiration of the patent means the manufacturer of the medication no longer has rights of exclusion. This means other manufacturers are able to manufacture the drugs in different brand names. A good example of a patented drug’s expiration is the cholesterol drug Lipitor. The expiration of the patent on Lipitor significantly reduced the price of the medication.
“There are several more drugs that are up for expiration in 2012” stated a spokesperson for one of the most reputed online pharmacies, Big Mountain Drugs. “Some of these drugs are already in the market and are sold at reduced prices because of patent expiration. We, at Big Mountain Drugs are happy to inform our valued customers, that these drugs are available for sale at much less than the patented prices at BMD”. Lexapro and Seroquel are medications prescribed for major depressive disorder and anxiety disorder. The patent for these medications are set to expire in March 2012. Apart from these drugs, Boniva and Avapro patents are also set for expiration in March 2012. Boniva is prescribed for osteoporosis and Avapro is prescribed for high blood pressure. Other drugs such as Plavix, Singulair, Diovan, Diovan HCT, Geodon and Actos patents are set to expire later in 2012. Patients prescribed with these medications can look forward to great price reductions, in 2012, from BMD.
“Generic versions of drugs are approved faster in Canada than in the United States” added the spokesperson, “This is because drugs, are reviewed by the Therapeutic Products Directorate (TPD) of Health Canada at a fast pace. This enables Health Canada to ensure that the generic versions enter the market quickly”. The faster the generic products enter the Canadian drug market, the faster consumers are able to reap the rewards. This is benefit is not restricted to Canadians only. US citizens can now enjoy the benefit of purchasing their prescription and over-the-counter medications through online sources in Canada. For example, Big Mountain Drugs sells all generic and brand named drugs at unbelievably low prices. The price of a 30-day supply of 10mg Lipitor, for example, would cost a patient approximately $150. However, its generic version would cost only approximately $117. This price is further reduced at BMD. BMD sells 10 mg Lipitor branded drug for 90 days at $89. The generic version is sold at $48.
Consumers can look forward to many more generic drugs, in 2012 that will be sold at Big Mountain Drugs. They can further expect the prices of these drugs to decrease more when they use their coupons and the 5% rewards scheme.
Big Mountain Drugs provides a wide portfolio of branded and generic prescription as well as OTC Drugs at affordable prices via its licensed Canada pharmacy. Customers can now Buy Lipitor or Generic Lipitor and other Canada prescription drugs from BMD and have it delivered worldwide to their doorstep. Big Mountain Drugs is a CIPA approved pharmacy operating from British Colombia, Canada.
For more information on Big Mountain Drugs.Com:
Name : Ms. Estella Wong
Tel : 1.778.218.2670
Web : http://www.bigmountaindrugs.com/
8322 130th Street, Surrey,
British Columbia, Canada, V3W 8J9