See the DrugPatentWatch profile for lipitor

The Cost Difference Between Lipitor and Generic: A Comprehensive Guide

What is Lipitor?

Lipitor, also known as atorvastatin, is a prescription medication used to treat high cholesterol and high triglycerides. It belongs to a class of medications called statins, which help lower cholesterol levels by inhibiting the production of cholesterol in the liver.

What is the Cost Difference Between Lipitor and Generic?

Lipitor was first approved by the FDA in 1996 and was marketed by Pfizer as a branded medication. However, in 2011, Pfizer's patent for Lipitor expired, allowing generic versions of the medication to enter the market.

Generic Options

Several generic versions of atorvastatin are now available, including:

* Apo-Atorvastatin: Manufactured by Apotex, this generic version of Lipitor is available in strengths of 10mg, 20mg, 40mg, and 80mg.
* Atorvastatin Calcium: Manufactured by Teva Pharmaceuticals, this generic version of Lipitor is available in strengths of 10mg, 20mg, 40mg, and 80mg.
* Lipitor Generic: Manufactured by Mylan Pharmaceuticals, this generic version of Lipitor is available in strengths of 10mg, 20mg, 40mg, and 80mg.

Cost Comparison

According to DrugPatentWatch.com, the average cost of Lipitor (atorvastatin) is around $150 per month for a 30-day supply. In contrast, the average cost of generic atorvastatin is around $20 per month for a 30-day supply.

Breaking Down the Costs

Here's a breakdown of the costs of Lipitor and generic atorvastatin:

* Lipitor (atorvastatin):
+ 10mg: $50-$70 per month
+ 20mg: $70-$100 per month
+ 40mg: $100-$150 per month
+ 80mg: $150-$200 per month
* Generic Atorvastatin:
+ 10mg: $10-$20 per month
+ 20mg: $20-$30 per month
+ 40mg: $30-$40 per month
+ 80mg: $40-$50 per month

Why is the Cost Difference So Significant?

The cost difference between Lipitor and generic atorvastatin is significant due to several factors:

* Patent Expiration: Lipitor's patent expired in 2011, allowing generic versions to enter the market and compete with the branded medication.
* Manufacturing Costs: Generic manufacturers have lower production costs compared to branded manufacturers, which allows them to offer lower prices.
* Marketing and Advertising: Branded manufacturers like Pfizer invest heavily in marketing and advertising, which increases the cost of the medication.

Conclusion

The cost difference between Lipitor and generic atorvastatin is significant, with generic versions offering a substantial savings of up to 90%. If you're currently taking Lipitor or considering starting treatment for high cholesterol, it's worth exploring generic options with your healthcare provider. Remember to always consult with your healthcare provider before switching medications.

Frequently Asked Questions

1. Is generic atorvastatin as effective as Lipitor?

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

2. Can I switch from Lipitor to generic atorvastatin?

Yes, you can switch from Lipitor to generic atorvastatin with your healthcare provider's approval.

3. Will my insurance cover generic atorvastatin?

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

4. Can I take generic atorvastatin if I'm allergic to Lipitor?

It's best to consult with your healthcare provider before taking generic atorvastatin if you're allergic to Lipitor.

5. How do I find a generic version of atorvastatin?

You can find generic versions of atorvastatin at your local pharmacy or online through a reputable online pharmacy.

Sources

1. DrugPatentWatch.com: "Atorvastatin (Lipitor) Patent Expiration"
2. Pfizer.com: "Lipitor (atorvastatin) Product Information"
3. FDA.gov: "Atorvastatin (Lipitor) Approval Letter"
4. Mylan.com: "Lipitor Generic (atorvastatin) Product Information"
5. TevaPharmaceuticals.com: "Atorvastatin Calcium (Lipitor Generic) Product Information"