Coping with a condition often means having to deal with the high cost of health care as well, which can create quite a hardship when one’s medications carry sky-high price tags. However, some of the nation’s most popular drugs are about to become less expensive, reports The Associated Press.
Out of the 20 best-selling medications in the world, nearly half will be offered in generic form by 2012, drastically reducing costs for patients. According to the news source, the seven drugs going generic include Lipitor, typically prescribed for high cholesterol, and Plavix, a blood thinner, both of which should be offered by next September.
A number of other brand-name drugs will be getting generic competition within the next year as well for conditions like hypertension, asthma, diabetes, depression, bipolar disorder and more. The AP states that generic medications can cost up to 80 percent less than the big-name companies.
Additionally, London research firm EvaluatePharma has found that 120 top-selling drugs raking in approximately $255 billion each year internationally will see their patents expire by 2016.
Medical professionals are looking forward to the expiring drug patents so that their patients can begin treating themselves properly. Dr. Nieca Goldberg of Manhattan’s NYU Langone Medical Center has noticed a trend in which some patients are not filling prescriptions or not taking their medications enough in order to save money.
“‘You can pretty much tell by the numbers when I check the patient’s blood pressure or cholesterol levels” that they are not taking the drugs in line with the doctor’s orders, she told the AP.
According to the news provider, the generic version of Lipitor will be available at pharmacies on Nov. 30 for approximately $10 per month.

