VANCOUVER, BC February 05, 2023 /24-7press release/ — After US prices set records for the first half of 2022, drugmakers released high-priced drugs in the second half. And that’s despite new laws reducing the cost of older prescription drugs.
The average annual price for the 17 new drugs approved by the U.S. Food and Drug Administration since July 2022 was $193,900. That’s down from $257,000 in the first half of 2022, Reuters reported. The median price for the full year 2022 was $222,000.
“It’s really shocking when you see the Reuters poll and the record high prices for new drugs launched in the second half of 2022,” he says SaveRxCanada.to.
According to the latest figures, the price has increased by double digits year-on-year. Aaron Kesselheim (professor of medicine at Harvard Medical School and at Brigham and Women’s Hospital) said in the Reuter article that he sees no change in this trend.
How can consumers fight back?
SaveRxCanada.to believes the answer is access to generic drugs. When patents expire, lower-cost generic drugs mitigate prescription drug price inflation. About SaveRxCanada.to RxSelect program, patients can access many generic versions of well-known brand-name drugs, including life-saving cancer drugs. Typical savings can range from 40-70% and in some cases more.
The RxSelect program was first introduced in 2004 and is a lifeline for patients around the world. RxSelect offers free shipping and 5% reward points which can then be used towards future orders.
About SaveRxCanada.to
SaveRxCanada.to has been a trusted, affordable and reliable Canadian pharmacy broker for over 19 years.
Through its network of licensed Canadian and international pharmacies, the company is committed to providing affordable prescription drug prices to all patients.
To browse the available brand name and generic catalogue, visit SaveRxCanada.to
Customer service
Toll Free Calls: 1-866-799-3435 – Use ref. no. 100048
Monday-Friday 9:00am to 5:00pm (EST)
All orders required a valid prescription from a licensed physician or physician.
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