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A 43-year-old member asked:

Do pharma companies make more money selling generic or trade name cancer drug?

2 doctor answers17 doctors weighed in
Dr. Stephen Berns
Pathology 20 years experience
Trade name: Trade name drugs are sold under a monopoly so the drug companies can recoup their investment in researching and developing a drug. Generic drugs are sold by competing companies once the original patent expires. The competition drives down prices and limits profits.
Dr. Andrew Turrisi
Radiation Oncology 47 years experience
And it is always cheaper in Canada!
Apr 23, 2012
Dr. Andrew Turrisi
Radiation Oncology 47 years experience
Trade Name: When first released, the new drugs are "on patent" usually for 7 years, and complanies recover both cost of manufactering but also a premium for the patent and the investment leading to and developing the drug. So a blockbuster like Lipitor (atorvastatin) might cost hundreds per months, and now Atorvastatin (the same thing) as little as $25. Flomax advertised all over tv cost $125/month, now $15-20.

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