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Michigan Based Retail Pharmacy, Meijer, Offers Generic Cholesterol Reducing Prescription Drug, Lipitor, For Free

September 04, 2012 By: Nadia Category: Cholesterol, Free Prescriptions, HealthCare, Medtipster, Prescription News, Prescription Savings

www.Medtipster.com Source: Drugstore News, 9.4.12 – By Alaric Dearment

In what could symbolize the so-called “patent cliff” that an executive from healthcare market research firm IMS Health spoke of at a recent trade show, a regional mass merchandise chain is taking what used to be the world’s top-selling drug and giving it away for free.

Meijer announced Tuesday that it would offer generic versions of Pfizer’s cholesterol drug Lipitor (atorvastatin calcium) for free at all of its 199 pharmacies, saying it would be the first retailer in the Midwest to offer such a program. The program is the fourth free-drug program offered by the retailer over the last six years.

“We’re pleased to announce that our customers will now be able to fill their generic cholesterol-lowering atorvastatin calcium prescriptions for free in all of our pharmacies,” co-chairman Hank Meijer said. “In keeping with our commitment to provide low-cost solutions for the families we serve, the free cholesterol-lowering medication program is another way to help the customers who rely on our pharmacies.”

Before it lost patent protection, in November 2011, Lipitor had sales exceeding $7 billion per year in the United States. Ranbaxy Labs was the first to launch a generic version when the drug’s patents expired, and Ranbaxy’s own market-exclusivity period expired in May of this year. At the National Association of Chain Drug Stores’ Pharmacy and Technology Conference last month, IMS VP industry relations Doug Long said during a presentation that “We’re in the teeth of the patent cliff,” which refers to a period taking place over the next few years when a wave of expirations of several top-selling drugs’ patents will occur, eventually leaving many therapeutic indications such as cholesterol heavily commoditized and dominated by multiple generics.

“This initiative will have a huge impact because the cost of pharmaceuticals is frequently a barrier to getting appropriate treatment,” West Michigan Heart cardiologist and Spectrum Health Meijer Heart Center Cardiac Catheterization Labs director David Wohns said. “The biggest way to reduce the risk of heart disease comes from treating cholesterol. To have that drug available for free has the ability to impact countless lives.”

Meijer To Offer Diabetes Drug At No Cost

April 13, 2010 By: Nadia Category: Free Prescriptions, Medtipster, Prescription News, Prescription Savings

Meijer Pharmacies To Dispense Metformin Immediate Release At No Cost To Prescription Holders

Type 2 Diabetes Treatment Added To The Meijer Free Antibiotics And Free Pre-Natal Vitamins Programs

Meijer announced plans to begin offering Metformin Immediate Release, the most commonly prescribed treatment for type 2 diabetes, at no cost to those with a medical prescription. Meijer’s program will include doses prescribed in 500mg, 850mg and 1000mg tablets.

According to American Diabetes Association estimates for 2007, more than 24 million Americans have diabetes, with type 2 diabetes accounting for 90-95 percent of all cases.  

Diabetes is a disease that has no cure. Currently, more than 80 million American children and adults have some form of diabetes. The Centers for Disease Control and Prevention estimates that one in three children born today will develop diabetes in their lifetime. The numbers are even worse for minorities.

Metformin Immediate Release is now believed to be the most widely prescribed anti-diabetic drug in the world. In 2008, more than 80 million prescriptions for Metformin were filled in the United States alone.

Meijer’s addition of Metformin Immediate Release to its free medication program comes just weeks after Florida-based grocer Publix led the industry by announcing it would provide free Metformin prescriptions in its pharmacy.

Find a Meijer Pharmacy carrying free Metformin at: www.medtipster.com

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