Wednesday, January 14, 2015

Prevent prescription drug monopolies By Bill Goble POSTED: 01/12/2015 04:16:25 PM MST9 COMMENTS| UPDATED:

My 12-year-old daughter suffers from asthma, so when she left her inhaler at home during a family trip to Nebraska this fall, we had to replace it. I ordered a new inhaler at the local pharmacy and was shocked when the pharmacist told me it would cost $60. The charge was manageable, but the experience opened my eyes to the dangers of monopolies in the pharmaceutical industry.
When the pharmacy told me how much the name-brand version of my daughter's albuterol inhaler would cost, I inquired about the generic. I used to work in a traditional retail pharmacy, and remembered being able to obtain the generic version for about $2. The manager informed me that there was no longer a generic albuterol inhaler available. more

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