Arab Today, arab today generic drug savings hit 1t in decade
Last Updated : GMT 18:31:22
Arab Today, arab today
Arab Today, arab today

Generic drug savings hit $1T in decade

Arab Today, arab today

Arab Today, arab today Generic drug savings hit $1T in decade

Washington - UPI

The US economy saved $1 trillion in the past decade by using pharmaceuticals without blue-chip brand names, a trade group in Washington said. The Generic Pharmaceutical Association said Friday that a recently released Generic Drugs Savings study, sponsored by the association and conducted by the IMS Institute for Healthcare Informatics, indicated that generic drugs saved consumers and the healthcare system a half billion dollars per day. In 2011 alone, $193 billion as saved by the use of generic drugs, the report said. \"As Congress and the White House gear up for the fiscal challenges facing them in the coming year, generic and biosimilar utilization are the best places to go for the \'offsets\' that everyone will be desperately seeking,\" said Ralph Neas, the association\'s president and chief executive officer. \"The sustainability of the healthcare system and the national economy depend in significant measure on the availability of affordable medicines,\" he said. In 2011, savings from generic drugs jumped 22 percent over savings of 2010, the study found. The bulk of the savings, 57 percent, came from central nervous system drugs, \"such as antidepressants and anticonvulsants and cardiovascular drugs,\" the report said. Savings were underscored by another statistic. In 2011, nearly 80 percent of all prescriptions written in the United States -- about 4 billion scripts -- specified the pharmacist dispense generic drugs. In spite of that, generic drugs only accounted for 27 percent of the total spent on drugs, the association said in a statement.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today generic drug savings hit 1t in decade Arab Today, arab today generic drug savings hit 1t in decade

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today generic drug savings hit 1t in decade Arab Today, arab today generic drug savings hit 1t in decade

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday