The results of a new Pharma Insight study released from Wolters Kluwer Pharma Solutions, a pharma/biotech information provider, is not exactly what the doctor ordered. The company's annual analysis of the US pharmaceutical market suggests that the economy has led to increased patient participation in decisions about prescription drugs. What may be more striking, is that the rising influence is often at odds with that of a patient's physician, it points out.
The report shows that commercial health plan patients abandoned new prescriptions at the pharmacy at a rate of 6.3% in 2009, which is up 24% over 2008. Consumers are becoming more price-sensitive toward pharmaceuticals, especially to brand-name medications. According to the data, the abandonment rate for new prescriptions of brand-name drugs alone was 8.6% in 2009, up 23% from 2008, and an astounding 68% since 2006. A prescription is considered abandoned when a script is submitted to a pharmacy but never picked up.
66% generics filled, vs 50% in 2005
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze