You can get weekly email alerts on the topics below. Just click “Follow.”Manage Alerts
If you look in your medicine cabinet, chances are you'll see at least one of the following blockbuster drugs: Lipitor, Plavix, Lexapro or Singulair. They lower cholesterol, help prevent heart attacks and treat depression, asthma and allergies.
They're also among the top selling prescription medicines going off the "patent cliff" — that's what the drug industry calls the moment patented drugs lose their exclusivity. This usually happens 15 years after the drug is introduced to the public — a time when pharmaceutical companies worry about making profits as generic competition enters the drug market.
This Inside E Street takes a look at the strategies pharmaceutical companies take once a blockbuster drug goes off patent — strategies aimed at limiting both competition and, unfortunately, your savings on your meds.
You may also like: Don't miss out on drug savings.
Dr. Armon B. Neel Jr. | Ask the Pharmacist
From companies that meet the high standards of service and quality set by AARP.
Members get exclusive points offers from Walgreens, Duane Reade and Walgreens.com.
Members can save 20% on hearing aids with the AARP® Hearing Care Program provided by HearUSA.
Members save up to 60% on eye exams and 30% on glasses at LensCrafters.
Join or renew today! AARP members receive exclusive member benefits & affect social change.
Earn points for completing free online activities designed to enrich your life.
Redeem your points to save on merchandise, travel, and more.