Generic Lipitor: What's in a Name?
Dr. David Samadi weighs in
- Duration 3:16
- Date Dec 1, 2011
Dr. David Samadi weighs in
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This transcript is automatically generated
But he -- meanwhile first things first it's the biggest selling prescription drug in the world now a generic version.
Of Lipitor is finally available to the public the cholesterol lowering drug advertised heavily.
Has proven to be effective for millions of Americans essentially works will there be any.
Now that there's a new generic drug to choose from doctor David -- is a member of our fox medical eighteen that's in the top of this business card business something on the saudis -- its vision of of robotics over mount Sinai.
-- somebody first of what is we -- Lipitor everywhere for those who have cholesterol issues what is it.
This is a mother of medications as is part of this ethnic groups it's a cholesterol lowering medications and really when you -- -- screws up you can have plaques in the arteries that can clog up.
And that is a result -- can reduce a blood flow to the hard you can get heart disease you can get stroke.
This medication since 1997 has been extremely instrumental in -- closer especially the the bat -- right.
By 50% so it can prevent that he can help clear your heart disease and or -- in terms of money it's worth qualify as a 2000 lieutenant Brian eight point seven million people use this medication over ten billion industry put this one -- -- it's unbelievable medication.
And and you can see a worldwide there's a lot of useful Lipitor.
When the FDA says okay you can use this drug we think it works so put it out there in the market you turn around say how long thank you -- exclusive.
And they gave me deal and now that deal for Pfizer is up what does it mean for the consumer.
For someone who needs Lipitor double the price go down.
What did absolutely and then we're going to see them -- more generics coming in after this apprised of his way gonna go way down so the patent actually the big news is that yesterday.
The patent ended and now it opens a door to a lot of other companies to -- with the generic version -- If you don't have any insurance to cause of this medication would be somewhere in about a hundred -- dollars a month.
We think it -- -- it would be somewhere in the range of fifty knows now that the generic is coming in.
Lipitor surprises actually -- marketing that's four dollars a month and there are many -- and you can go and get the same.
Brand medication and and -- is pushing it to get the same breath for four dollars a month which is -- -- some of the Wal-Mart prices of things we've talked about in the past.
So they can do so they can control the market but here's a bigger question if I'm out there and I'm wondering Pfizer didn't make this Lipitor should -- buy it.
What would you say to them the into radiates from the component of the medication has to be identical has to be this and an FDA looks very seriously to this.
He weighed books that caller of the appeal bishop of appeal may be different but the integrated has to be the same -- zero.
Lowering medication and the generic name is at from a Staten right.
And I think that now patients can get this medication for much lower price.
It's great for consumers this doesn't apply to Medicare patients by the way OK and got some money they knew this day was coming -- -- But they had to prepare for but it certainly gonna affect their pricing -- they have something -- camera while there are certainly reaching out to -- -- people out -- to insurance companies and pharmaceutical -- to get this medication for a low prices -- to brand management could look great -- breast pocket have a lot of -- big deal about you have a lot of surgeries -- -- five signatures and it's a great -- -- we're having great time saving people's -- that's fantastic I -- sex money.
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