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Generic drugs more profitable for Pharmacies

11 January, 2006

Generic drugs are a big boon for pharmacies. Retail pharmacies are reaping the benefit from generic drugs because they earn substantially more money dispensing generic medicines as compared to branded names. Pharmacy chains including Walgreen's and CVS have recently reported higher sales of generic drugs which includes versions of drugs like Allegra.

The increased sales of generics is expected to continue this year as more drugs including Zocor and Zoloft are going off from patent protection. Retail pharmacies are facing cuts in Medicaid and the impact of the new Medicare drug benefit. Generic drugs are gradually making there presence felt. There popularity is on a rise because they're affordable, cheap, but at the same time as beneficial as their branded counterpart such as the generic erectile dysfunction drug Kamagra which is as efficient as its branded version Viagra.

To read more visit: http://www.ecnnews.com/cgi-bin/05/snstory.pl?-sec-Lifestyle+1k589gO+fn-glance10-20060110-



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