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Fri Oct 23, 2015, 10:38 AM

Why spend $750 a dose for a drug you can get for $1?

http://www.cbsnews.com/news/why-spend-750-a-dose-for-a-drug-you-can-get-for-1/

Turing Pharmaceutical's controversial move to boost the price it charges for Daraprim from $13.50 a pill to $750 has at least one competitor pledging to offer an equivalent compound that treats a rare parasitic disease -- for just $1 a dose.

"Even at that price, we are going to make a lot of money," Mark Baum, founder of San Diego-based Imprimis Pharmaceuticals (IMMY), told CBS MoneyWatch in a phone interview. "We're just not going to gouge people."

...........snip...................

He said tremendous savings can be realized if physicians take the time to write out the actual active ingredients for their patient, instead of taking the short cut of using the generic's trade name for the prescription. "All of the ingredients we are using are made in FDA-regulated laboratories," Baum said.

Imprimis' business plan, according to its website, is to do end runs around the conventional drug industry by "using compounding pharmacies for the formulation and distribution of high quality, proprietary formulations that are supported by the clinical experience of physicians and their patients."

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Reply Why spend $750 a dose for a drug you can get for $1? (Original post)
Celebration Oct 2015 OP
drm604 Oct 2015 #1
Celebration Oct 2015 #3
Fred Sanders Oct 2015 #2
Celebration Oct 2015 #4
riversedge Oct 2015 #5
Celebration Oct 2015 #6

Response to Celebration (Original post)

Fri Oct 23, 2015, 10:44 AM

1. I posted about this last night and it was largely ignored.

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Response to drm604 (Reply #1)

Fri Oct 23, 2015, 10:49 AM

3. Maybe get more attention in Health??

Awesome, anyway.

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Response to Celebration (Original post)

Fri Oct 23, 2015, 10:48 AM

2. Compounding pharmacies are the mortal enemies of corporate drug companies...anything can be made.

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Response to Fred Sanders (Reply #2)

Fri Oct 23, 2015, 10:50 AM

4. Exactly

That is what makes this double awesome. FDA isn't too keen on them either. This move is brilliant on all levels.

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Response to Celebration (Original post)

Fri Oct 23, 2015, 11:00 AM

5. Good trusted compounding pharmacies are

good for all. Think of them as the old pharmacies where a pharmacist would mix up chemicals and presto you have a pill. I know there was trouble out East ?? Mass where some bigger ones got in trouble and gave a bad name to all. There is a Women's health Clinic in Madison WI that does formulas for lots of women for over a decade--without problems. Folks will need to check things out. But the prices are worth it.

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Response to riversedge (Reply #5)

Fri Oct 23, 2015, 11:03 AM

6. that was an injectable by a VERY questionable company

It may be used by the FDA for unnecessary regulation, though.

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