AM 1240 KLYQ » generic drugs http://klyq.com Hamilton's News Talk Leader Wed, 22 May 2013 00:28:57 +0000 en-US hourly 1 http://wordpress.org/?v=3.4.2 Could Expiring Drug Patents Mean You'll Save a Fortune? http://klyq.com/could-expiring-drug-patents-mean-youll-save-a-fortune/ http://klyq.com/could-expiring-drug-patents-mean-youll-save-a-fortune/#comments Tue, 26 Jul 2011 14:12:49 +0000 Shauna Wright http://tsminteractive.com/?p=27934 An unprecedented wave of drug patent expirations in the next year will usher in generics that will dramatically reduce the prices of some of world’s best-selling medications, including cholesterol drug Lipitor and blood thinner Plavix. Other drugs used to treat conditions such as asthma, diabetes, HIV and depression will also be affected.

“My estimation is at least 15 percent of the population is currently using one of the drugs whose patents will expire in 2011 or 2012,” says Joel Owerbach, chief pharmacy officer for Excellus Blue Cross Blue Shield, which serves most of upstate New York.

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