16 doctors weighed in:
Do pharma companies make more money selling generic or trade name cancer drug?
16 doctors weighed in

Dr. Stephen Berns
Pathology
12 doctors agree
In brief: 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.

In brief: 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. Stephen Berns
Dr. Stephen Berns
Thank
1 comment
Dr. Andrew Turrisi
And it is always cheaper in Canada!
Dr. Andrew Turrisi
Radiation Oncology
6 doctors agree
In brief: 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.

In brief: 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.
Dr. Andrew Turrisi
Dr. Andrew Turrisi
Thank
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