Cost of generic paroxetine. As we show, this is not a very useful measure for price reduction in the United cost of generic paroxetine States (as price reductions to the European market are, in fact, very large, with the exception of a very large reduction by GlaxoSmithKline in the United Kingdom 2004). addition, while the costs of generic paroxetine in the United States was calculated as a percentage of the total costs, costs generic paroxetine in Europe were calculated as Paroxetine 20mg $103.05 - $1.15 Per pill a percentage of the average cost, as is customary. However, the difference between two systems is very large, with an average cost difference of over 60%. Moreover, no difference was shown between a generic paroxetine manufacturer and the brand partner of a generic paroxetine wholesaler. The cost differences in Europe are much larger than in the United States, so cost of generic paroxetine should also be lower in the United States. fact we found that even in a market with single generic pharmaceutical company the price of paroxetine could range from 7 % to 42 of the wholesale price paroxetine. This is, clearly, a highly asymmetric situation with strong incentive for the generic manufacturer to reduce prices in order that his or her margins will be higher. We assume that the generic cost of drug could be lower than paroxetine's costs, thus explaining such a large difference between the wholesale and retail costs as to warrant a 40 % reduction in the wholesale price of generic paroxetine in the European Union.
This suggests that if the United Kingdom wishes to reduce the cost of a medicine as result the cost-cutting policy it has implemented, might consider raising the cost-competitiveness of generic paroxetine. But there are two other possible ways in which a similar policy of reducing the generic competitor to patent-protected brand might be successful. The first of them is through reducing the price of generics, i.e. by increasing the price of branded paroxetine compared with generic paroxetine. This is what happened, for example, among other countries after the introduction of a generic version popular anti-wrinkle medicine, esomeprazole (Pefakote) in the United Kingdom 2002: price of generic esomeprazole increased from around 80 to 180 EUR/month (see , pages 517–520). The second way is through lowering the price, but rather retail price of branded paroxetine, to match that of generic paroxetine. This should be done to reduce the profit margins of manufacturer generic. For example, this could be achieved if the generic manufacturer had right to lower the retail prices of paroxetine to the manufacturers' cost of manufacture. This is, course, another policy which should be evaluated in detail.
This study can help to clarify why generics are becoming so important for a number of patients, such as seniors or in the area of long-term medical needs, for whom the cost of most prescribed brand medication cannot be avoided (see , , , for reviews). A simple calculation shows that between 30 and 40 % of the prescription drug budgets will be spent on generics by 2013 (see ).
Our data are available in the online data repository of Statistika Nordiska Hälsingar [http://ftp.stats.org/statistika/data/]
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A generic version of Paxil, the only antidepressant widely available in the U.S. for insomnia, is available online under 40 cents a pill.
The website GenericPaxil.com was launched three months ago by an unidentified "self-help group" that claims to be the first company manufacture a generic version of the drug, which group sells at a fraction of the price branded version or of a generic alternative.
In a blog post on the official site, group's founders said they believe that many adults are put off by how much it costs to access alternative remedies for insomnia, and they hope that by making the generic version available, more people will go online and search for a cheaper more effective alternative.
"There are many online forums that offer generic options, but the majority of them are very expensive, many times even more expensive than the pharmaceutical options," said founder of the group, who goes by name of Jack R. (Jack), and goes by "Jackie R" online. "We think if everyone in the world can do this, Paroxetine uk buy we will see a paroxetine 10 mg cost drastic increase in the overall availability of generic options."
While the group has never previously published any evidence for its claims, as far back 2008, it has been touting a cheaper generic for sale online. example, a 2009 post on the forum touted a cost of $1.05 pill for a generic version of Cymbalta, sold by generic pharmacies in the U.S. that are regulated by the Food and Drug Administration. GenericDrugs.com site says it currently has copies of the generic drug that costs $10.89 a pill.
Unlike those websites, however, the anonymous group behind GenericPaxil.com has refused calls from reporters, saying they don't want their identity revealed.
"As you may have already heard, the U.S. government recently declared that they will soon be making the drug available for use in the U.S. without a patent," group's site says. "That means the market for pharmaceuticals such as Cymbalta, a generic of Paxil (paroxetine), has been booming in the past few years, and we felt it necessary to come is paroxetine a generic up with some affordable alternatives so that many more people could get out of the clutches expensive drugs and into an affordable alternative."
The company behind website also appears to be an unaffiliated group of individuals. All six the group's founders identify among themselves as 'Jack R,' with most of those being Jack's real names. One other person is represented, but not listed as an author of the site's content.
The group is also being assisted by two web hosting companies. One, www.theinternetfirm.com, runs the site. other, www.websites.net, hosts websites related to the Paxil prescription drug. "We are being helped by the people who run Internet Firm to make sure we have the ability to site online while offering a very quick turnaround time," Jackie R says, adding that the group has already received support from "a group of folks that were involved in a similar website that launched online just a few months ago."
Jack R and his friend, Dan, are members of the same self-help group, and told Newsweek they have teamed up to help create GenericPaxil.com.
"We have a lot of common interests and we"
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