Generic
GPHA PROMOTES GENERIC EDUCATION
Eileen Koutnik-Fotopoulos, Staff Writer
Published Online: Thursday, December 1, 2005 [ ]
The Generic Pharmaceutical Association (GPhA) continued its educational campaign
about how generic medicines can improve patients' lives at the recent National
Association of Chain Drug Stores (NACDS) Family Caregiver Expo. Visitors to the
GPhA booth received educational materials, including a brochure that highlighted 3
key facts on generic prescriptions:
- For decades, generic medicines have been proven safe and effective. Generic pharmaceuticals
have been used by millions of patients to treat infections, heart disease,
cancer, and other medical conditions.
- Generic drugs, like all prescription medicines, need
FDA approval. The FDA requires all manufacturers and
their facilities to follow specific guidelines, called Good
Manufacturing Practices.
- Generic medicines account for 53% of all prescriptions
dispensed in the United States. In 2004, the average
price of a branded prescription was $96.01. The
average price of a prescription filled with a generic drug
was $28.74a savings of $67.27, according to data
from the NACDS.
GPhA recommends that patients speak with their pharmacists
and physicians about generics. The pharmacist
plays an important role in explaining the benefits of generic
medicines. Recent surveys indicate that when patients
discuss generic medicines with their pharmacists, the
majority of patients conclude that generic products provide
an acceptable alternative health care option.
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