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Brand-name drug prices remain staggeringly high

Written by Diane Archer

PharmacyChecker has released new information on brand-name drug prices in the US and around the globe. These drugs have no generic competition. And, the prices in the US remain staggeringly high relative to the rest of the world.

PharmacyChecker looked at 10 popular brand drugs with no generic substitute. The savings from buying these drugs online from a verified pharmacy in Canada is 75 percent. Put differently, a drug that costs $100 in the US costs just $25 in Canada. Savings are even greater–a 90 percent discount–if you’re willing to buy your drugs from verified pharmacies in other parts of the world.

For example, Vesicare (solifenacin) treats overactive bladder (OAB). In the US, with a discount card, it costs $1,202 for 90 pills. In Canada it costs $188, 84 percent less. Discount cards are available for free from PharmacyChecker.com and GoodRx.

Of course, if you are considering importing drugs from abroad, you should know that it is prohibited under federal law. But, no one is ever fined, much less prosecuted, for importing drugs for personal use. If you opt to buy your drugs from abroad, as millions of Americans do, make sure you use a verified and properly credentialed pharmacy. Keep in mind that there are rogue online pharmacies that sell counterfeit drugs or just take your money.

Congress is currently considering legislation that would lower brand-name drug costs considerably. The most comprehensive and most fair legislation, the Prescription Drug Price Relief Act, was introduced by Congressman Ro Khanna and Senator Bernie Sanders. They propose that drug prices in the US be set at the average of what people in other wealthy countries pay for their drugs, international reference pricing.

If you want Congress to rein in drug prices, please sign this petition.

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