total jobs On EmploymentCrossing

798,810

new jobs this week On EmploymentCrossing

1,021

Employment News

Wal-Mart hikes branded diabetes drug prices By EmploymentCrossing  |  Dated: 06-28-2011

GZDGACAMNK6NQCAH3NBOUCAI8XW6YCAGN7YJWCAY7CVV0CA72NKE6CAZA722ICAPJMLKHCAK7NFQMCAZU4YJPCA6HPLQCCA3T9D9SCAMQDLF6CA1W27GHCAHR8J7ZCA7OW8GUCA2RETQUCAA1WX10CALYPR9M

Big-box retailers Wal-Mart Stores (WMT.N) and Kmart, pioneers in the push to cut consumer prices for generic drugs, have been raising prices for the most popular brand-name diabetes drugs, according to a new study.

Wal-Mart, the world’s largest retailer began in 2006 to sell some generic drugs in the United States for $4 per monthly prescription — a tactic since adopted by a number of other pharmacy operators.

“Since 2008, everybody has lowered generic prices to the level of Wal-Mart,” said Dr. Ronald Tamler, an endocrinologist at New York’s Mount Sinai Medical Center, and co-author of the price study. “But the differential in pricing for brand-name drugs is huge.”

His study, presented here at the annual meeting of the American Diabetes Association, found that pharmacy prices for generic diabetes drugs fell 58 percent between 2008 and 2010, compared with an increase of 113 percent for brand-name drugs.


Read the original article here:

Wal-Mart hikes branded diabetes drug prices-study

Career Connect  (From our other career blogs):

Testimonial of the Week

EmploymentCrossing provides an excellent service. I have recommended the website to many people..
  • Laurie H Dallas, TX
Sign Up now

Only VeterinaryCrossing consolidates every job it can find in the domain and puts all of the job listings it locates in one place.

  • We have more jobs than any other job board.
  • We list jobs you will not find elsewhere that are hidden in small regional publications and employer websites
  • We collect jobs from more than 4,429,376 websites and post them on our site.
  • We are private, and therefore far fewer people are applying for the jobs on our site than are applying for those on public job boards.