We are sometimes asked why we include a number of U.S.-based pharmacies in the eDrugSearch.com pharmacy directory, since prescription drugs are so much cheaper at Canadian pharmacies. One of the main reasons is that U.S. pharmacies often sell generic drugs at lower prices than their Canadian counterparts.
A new study by the Fraser Institute, “Canada’s [...]

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I came across this excellent post on Thomas Hawk’s blog. If you’re pinching pennies these days, you must read it.
Here are a few of Tom’s 50 tips:

Unplug appliances part of the time when not in use. Also unscrew lightbulbs in some places instead of just turning the light off. This especially will help [...]

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As Wal-Mart has taken the lead in lowering prices on generic drugs among brick-and-mortar retailers, the major drug chains have been slow to respond. Walgreens came around first, and now CVS has finally responded — with a $9.99 price point on a 90-day supply of about 400 different medications starting later this month.
Despite the [...]

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The Associated Press on Wednesday joined in on the recent flurry of media stories offering tips for saving on prescription drugs. The AP’s tips:
1. Use generic medications.
2. Find a lower-cost option, such as an over-the-counter alternative.
3. Shop around.
4. Order by mail.
5. Research state discount programs.
6. Beware of freebies and commercial discount programs.
Read the full [...]

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eDrugSearch.com will soon be releasing our first e-book, 99 Ways to Save Money on Prescription Drugs. To whet your appetite, here are 10 ways to save, courtesy of the Cleveland Plain Dealer (who interviewed Dr. Edward Jardini and Steven Findlay, managing editor of Consumer Reports Best Buy Drugs, for their story):
1. Start with [...]

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In the United States, we’re trained virtually from birth to value brand names — in fact, often to overvalue them.
Did you know, for example, that when large corporations buy one another, they often have to pay millions — or even billions — of dollars for something accountants call “intangible assets”? One of these assets [...]

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From Reuters:
Brazil’s president is to decide whether his country will honor Merck & Co’s AIDS drug patent, after the health ministry rejected the company’s price-cut. “We consider the offer insufficient and we told the manufacturer,” Brazil’s health minister, Jose Temporao, told Reuters on Thursday. “The decision (on whether to break the patent) is now [...]

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A report by the Federal Trade Commission has found that Big Pharma is paying off generic drug manufacturers in order to sell brand-name products for longer periods without competition.
Apparently, the generic drug manufacturers can make more money from witholding their drugs from the market than from selling them.

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Although the FDA approved the production of a generic version of Zocor in June 2006 by both Teva Pharmaceutical and Ranbaxy Laboratories, prices for the drug have dropped less than 10 percent since then. The recent approval of six more companies to sell generic Zocor should change that.
Analysts expect prices to drop as much [...]

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Rite Aid Corp. — the third-biggest drugstore chain, which recently agreed to buy the Eckerd and Brooks chains as well — has seen its profits rise of late after its introduction of generic versions of drugs such as Zoloft.
Why? Because generic medications carry a higher profit margin for the big chains than brand-name drugs.
Let me [...]

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