See the DrugPatentWatch profile for lipitor

The Cost Difference Between Lipitor and Generic: A Breakdown

Introduction

Lipitor, a popular cholesterol-lowering medication, has been a staple in many pharmacies for years. However, with the patent expiration of the original drug, generic alternatives have flooded the market. But what's the cost difference between Lipitor and its generic counterparts? In this article, we'll delve into the world of cholesterol medication and explore the price disparity between the original and generic versions.

What is Lipitor?

Lipitor, also known as atorvastatin, is a statin medication used to treat high cholesterol levels. It was first approved by the FDA in 1996 and has since become one of the most prescribed medications in the world. Lipitor is manufactured by Pfizer and has a patent that expired in 2011.

What are the Generic Options?

With the patent expiration, several generic versions of atorvastatin have entered the market. Some of the most popular generic options include:

* AstraZeneca's Caduet (atorvastatin and amlodipine)
* Teva Pharmaceuticals' atorvastatin
* Mylan Pharmaceuticals' atorvastatin
* Watson Pharmaceuticals' atorvastatin

Cost Difference: A Comparison

So, what's the cost difference between Lipitor and its generic counterparts? According to a study by DrugPatentWatch.com, the average cost of Lipitor (20mg) is around $130 per month. In contrast, the average cost of generic atorvastatin (20mg) is around $20 per month.

Breaking Down the Costs

To better understand the cost difference, let's break down the costs of each medication:

* Lipitor (20mg):
+ Brand name: $130 per month
+ 30-day supply: $390
+ 90-day supply: $1,170
* Generic atorvastatin (20mg):
+ Brand name: $20 per month
+ 30-day supply: $60
+ 90-day supply: $180

Why the Cost Difference?

So, why is there such a significant cost difference between Lipitor and its generic counterparts? There are several reasons:

* Patent expiration: As mentioned earlier, Lipitor's patent expired in 2011, allowing generic manufacturers to enter the market.
* Competition: With multiple generic manufacturers entering the market, competition drives prices down.
* Research and development: Pfizer, the manufacturer of Lipitor, invested heavily in research and development, which is reflected in the higher price of the brand-name medication.

Conclusion

In conclusion, the cost difference between Lipitor and its generic counterparts is significant. While Lipitor can cost upwards of $130 per month, generic atorvastatin can cost as little as $20 per month. As the patent expiration of Lipitor has allowed generic manufacturers to enter the market, patients can now have access to a more affordable alternative.

FAQs

1. Is Lipitor still available?

Yes, Lipitor is still available, but it's no longer the only option. With the patent expiration, generic alternatives have flooded the market.

2. Is generic atorvastatin as effective as Lipitor?

Yes, generic atorvastatin is just as effective as Lipitor in lowering cholesterol levels.

3. Can I switch from Lipitor to generic atorvastatin?

Yes, you can switch from Lipitor to generic atorvastatin with the guidance of your healthcare provider.

4. Will my insurance cover generic atorvastatin?

It depends on your insurance provider. Check with your insurance company to see if they cover generic atorvastatin.

5. Can I still get Lipitor if I need it?

Yes, Lipitor is still available, but it may not be the most affordable option. Consult with your healthcare provider to determine the best course of treatment for your specific needs.

Sources

1. DrugPatentWatch.com. (n.d.). Atorvastatin (Lipitor) Patent Expiration. Retrieved from <https://www.drugpatentwatch.com/patent-expiration-dates/atorvastatin-lipitor>
2. Pfizer. (n.d.). Lipitor (atorvastatin calcium) Tablets. Retrieved from <https://www.pfizer.com/products/lipitor>
3. FDA. (n.d.). Atorvastatin Calcium Tablets. Retrieved from <https://www.accessdata.fda.gov/drugsatfda_docs/label/2011/020634s041lbl.pdf>