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Saturday, April 6, 2013

Albertans may pay high cost for cheaper generic drugs

English: Close-up of 0.5mg tablets of the bran...
English: Close-up of 0.5mg tablets of the brand name benzodiazepine drug, Ativan. Generic name is Lorazepam. (Photo credit: Wikipedia)
Featured letter: Albertans may pay high cost for cheaper generic drugs:

Ontario did it first. Alberta followed suit, outdoing Ontario. Reducing generic drug reimbursement prices. Government paid advertisements (how much is that costing taxpayers? Actually just found out - $400,000!) would have you believe this is saving Alberta over $90 million big ones. The ramifications will be much more severe, more than what the government will let you know, maybe more than they fathomed.

Excerpt from featured Edmonton Journal letter:

"Beginning May 1, the Alberta government will force generic drug manufacturers to sell their products at 18 per cent of the price brand name drugs are sold at, compared with the current 35 per cent. 
Hypothetically, if a bottle of Druggin costs $100, its generic equivalent Drugsler must be sold at $18, decreasing the generic drug manufacturer’s profit by $17 per bottle. 
As profits decrease, the large generic drug manufacturers will react in two ways. 
First, they will reduce or eliminate the rebates they pay to pharmacies for using their products. Pharmacies will, in turn, be forced to reduce their hours and their staff, even though the demand for pharmacists’ services will increase as baby boomers grow old and require more medication. 
Second, generic drug manufacturers will reduce the supply of generic medications in Alberta."

Read the full article at The Edmonton Journal.

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Welcome and thanks for visiting Onco-P.R.N. - The oncology website with a focus on all things oncology pharmacy/pain/palliative care-related. It is intended to be an information resource for those pharmacist and relevant health care professionals involved in whatever fashion with cancer and palliative care. Stay tuned for the latest and greatest links and information with respect to: oncology medications, continuing education, pharmaceutical care initiatives, pain and symptom control, supportive care topics, and whatever else that might fit into the theme.

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Pharmacy History

"The earliest known compilation of medicinal substances was ARIANA the Sushruta Samhita, an Indian Ayurvedic treatise attributed to Sushruta in the 6th century BC. However, the earliest text as preserved dates to the 3rd or 4th century AD.
Many Sumerian (late 6th millennium BC - early 2nd millennium BC) cuneiform clay tablets record prescriptions for medicine.[3]

Ancient Egyptian pharmacological knowledge was recorded in various papyri such as the Ebers Papyrus of 1550 BC, and the Edwin Smith Papyrus of the 16th century BC.

The earliest known Chinese manual on materia medica is the Shennong Bencao Jing (The Divine Farmer's Herb-Root Classic), dating back to the 1st century AD. It was compiled during the Han dynasty and was attributed to the mythical Shennong. Earlier literature included lists of prescriptions for specific ailments, exemplified by a manuscript "Recipes for 52 Ailments", found in the Mawangdui tomb, sealed in 168 BC. Further details on Chinese pharmacy can be found in the Pharmacy in China article."

From Wikipedia: http://en.wikipedia.org/wiki/Pharmacy#History_of_pharmacy

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