Drugmaker AstraZeneca holds the patent on Crestor and has exclusive rights to market the drug until July. But the Food and Drug Administration FDA has already issued tentative approval to several companies for the generic version of the drug, rosuvastatin.
One of those manufacturers, Actavis, negotiated a deal with AstraZeneca to bring the generic to the market as early as May of this year. That's one of several reasons Consumer Reports has found that many people are paying more for their medications. Last year, Consumer Reports Best Buy Drugs' pricing survey found lots of sticky pricing when secret shoppers called to check the price of common generic medications at more than drugstores around the U.
The lesson here, says Schondelmeyer, is that people who don't have good prescription drug coverage have to shop around. In the case of generic Crestor, check prices again after the drug has been available for six months to a year as, over time, some generic drugmakers and drugstores are bound to reduce the price more than others. See more tips for ways to save on prescription drugs. There's no reason to pay a premium for brand-name Crestor. That's according to our Best Buy Drug report on statin drugs to treat high cholesterol.
But when the less expensive generic version of rosuvastatin becomes available, that may be a reasonable choice. Still, even if you have good prescription drug coverage, you should review your options carefully, as other statins may still be cheaper than generic Crestor. Editor's Note: These materials were made possible by a grant from the state Attorney General Consumer and Prescriber Education Grant Program, which is funded by a multistate settlement of consumer fraud claims regarding the marketing of the prescription drug Neurontin gabapentin.
Teresa Carr is an award-winning journalist with a background in both science and writing, which makes her curious about how the world works and eager to tell you about it.
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For Immediate Release: April 29, Related Information. Inquiries Media: Sandy Walsh
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