Why Are Some Generic-Drug Prices Soaring?

Inexpensive generic drugs have helped millions of Americans save money on brand-name medication, but lately soaring prices on some longtime generics are prompting investigations into this pricing U-turn by pharmaceutical companies. In addition, a a new AARP drug-pricing report shows retail prices for brand-name prescription drugs continue to increase. The debate over some generic price hikes has spurred the Senate Subcommittee on Primary Health and Aging to hold a hearing to review pricing on a dozen generics, and the Department …

Generic Drug Recall Raises More Questions

Last week’s surprise announcement by the U.S. Food and Drug Administration that a popular generic antidepressant is not equivalent to the original drug also raises concerns doctors and patients have had about other generic versions of common medications. In an about-face, the FDA announced it had notified drug company Teva Pharmaceuticals to stop shipping Budeprion XL 300 milligrams, a copycat of the extended-release antidepressant Wellbutrin XL 300 milligrams, and to remove it from U.S. shelves. The highly unusual decision contradicts …