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Why Are Pharmaceuticals Cheaper Abroad?

Citizens of the United States often bemoan the costs of healthcare, pointing to the ever-increasing prices of prescription drugs as a prime example of what is wrong with the current system. The truth of the matter is that Americans are not wrong about the seemingly exorbitant expenses associated with prescription drugs; in fact, American consumers…

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What Check 21 Can Do For You

With the proliferation of the Internet, American consumers needed a new way to make purchases, and the Check 21 Act gave this to them. For example, when you pay for your goods with a check, the retailer creates an electronic image of it. This eliminates the need for your bank to have the paper version…

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Big, Bad Pharma: Daraprim Increases From $13.50 per pill to $750, Overnight

Patients who require Daraprim could have more difficulty obtaining the drug after the price rose from $13.50 per pill to $750 overnight. Martin Shkreli, the CEO of Turing Pharmacuticals, has been unapologetic about drastically increasing the price of a 62-year-old drug. According to Shkreli, Daraprim was not priced appropriately when his start-up company bought rights…

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The Truth Behind Opposition of International Prescription Referral Services

Before online pharmacies became immensely popular, Americans used to take buses to Canada to fill their prescriptions. Nowadays they have the convenience of jumping online and saving tons of dollars by completing their purchase via online prescription referral services, like Planet Drugs Direct. Americans are flocking to these Canadian prescription referral services rather than doing…

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Familial Genetic Disorder Leads to Manufacture of New Medication to Reduce Levels of LDL Cholesterol

New Drug Approved to Lower LDL Cholesterol The Food and Drug Administration has approved a new prescription medication designed to lower a patient’s LDL cholesterol levels. Low-density lipoproteins are considered more dangerous than other forms of cholesterol. In addition, there are individuals with a propensity for developing chronic heart disease due to a genetic abnormality…

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Female Viagra Nearing Approval in U.S.

A panel from the United States government is backing a new, pioneer medication to treat female sexual interest/arousal disorder, which is more commonly known as FSIAD. FSIAD can deeply affect the lifestyles of many women, possibly dissolving relationships and lowering day to day levels of satisfaction. Flibanserin, currently nicknamed the “female Viagra”, works to help…

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US Prescription Drug Inflation? Prescription Drugs Which Cost Too Much in America

Prescription drugs for chronic illnesses carry serious financial burden for Americans, even for those with decent health insurance coverage. The inflated prices do not remotely compare to the prices imposed in other countries. There are numerous reasons for it, but the biggest misconception lies in the myths that the research, development and production cost has…

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Big, Bad Pharma

Although the U.S. pharmaceutical industry capitalizes on our need for prescription drugs by charging unfairly high prices, states that border Canada have discovered a secret that allowed them to relieve budgetary issues by saving money on the medications they need through importing prescription drugs from Canada and using online prescription referral services. Saving money isn’t…

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How Do Other Drug Regulators Compare to the FDA?

The United States Food and Drug Administration (FDA) is a regulatory body vetted by the US Federal Government. It is responsible for securing the safety of its citizens and livestock in the realm of consumables like food, medicines, chemicals and all of their biological delivery methods. The FDA charter, by default, makes it intimately tied…

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Sovaldi and Hepatitis C: The Truth Behind The $1,000 A Day Cure

Sovaldi is a drug manufactured by Gilead Sciences for the treatment of hepatitis C. With a cure rate of roughly 90 percent, it has gained the reputation of being a miracle drug. It also causes side effects in some patients that are significantly more mild than those caused by regimens that involve peginterferon. Since the…

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