New Generics now available in 4th Quarter 2014
The following generic drugs came on the market in the fourth quarter of 2014:
The generic form of Renegel is now available for those of you with Hyperphosphatemia associated with chronic kidney disease.
Those of you who suffer from chronic Hepatits B, the generic form of Hepsera is now available.
For those with hypertension, the generic form of Exforge and Exforge HCT are now available.
And if you have Cystic Fibrosis, the generic form of Tobi is now available for those with Pseudomonas Aeruginosa infection.
Hopefully, these new generics will provide a less expensive option to the brand-name equivalent, but other generic drugs are increasing in cost and not providing much financial relief to consumers.
According to a recent ABC News story, a hearing was called in late November by Vermont Senator Bernie Sanders and Maryland Representative Elijah Cummings to investigate “why some generic drug prices have risen hundreds to thousands percent.”
Sanders plans to introduce a bill that would require generic drug makers to pay a rebate to Medicaid if the cost increases faster than inflation. According to the report, “the prices of more than 1,200 generic medications increased an average of 448% between July 2013 and July 2014.
To read the entire report, click here.
Be sure to ask you doctor or pharmacist about these medications and if the generic version is right for you and if they will save you any money.