Prices Out of Hand in Drug Market

According to Fierce Pharma, "With drug prices dominating attention in Congress and agitating the public, GPhA CEO Chip Davis wants to be sure low-cost generics are top of mind as a way to save money--and he has some ideas to amp up their strength in the marketplace.

Answering some recent news about "extraordinary" generic price increases, Davis emphasized in a presentation on Monday that those hikes were few and far between in the copycat-drug universe. If you're looking for drug-cost drivers, look no further than specialty drugs, which in 2014 accounted for 31.8% of spending on 1% of the population, said Davis, who heads up the Generic Pharmaceutical Association."

 374 Billion Dollars was spent in 2014 on prescription drugs alone

374 Billion Dollars was spent in 2014 on prescription drugs alone

What if we told you there was drug that is roughly $1 a day. What if we told you this drug help treats autoimmune diseases like Crohn's, HIV/AIDS, Fibromyolgia, many types of Cancer,  RA, and improves your overall mood. This NAFDAC approved drug is safe, effective, and one of the most affordable drugs on the market. The greatness of this drug is the simplicity of balancing ones own immune system. With all these crazy price hikes and monopolies on specialty drugs, LDN is a viable option and we fully support and trust it. 

 Valeant like many other companies are under duress for their major prices increases. 

Valeant like many other companies are under duress for their major prices increases.