Why do you believe Lyrica isn’t more affordable?

Use this forum to discuss the June 2021 Philosophy Book of the Month Surviving the Business of Healthcare: Knowledge is Power by Barbara Galutia Regis PA-C
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Bash32919
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Why do you believe Lyrica isn’t more affordable?

Post by Bash32919 »

“Fast forward a few years and look at some new pain meds that have been developed. Let’s take the medication Lyrica, for example. This is a great drug used for neuropathic pain and has been around since its approval by the FDA in December 2004. It was classified as a Schedule 5 controlled substance, so it has less risk for addiction. Why is it not prescribed and used more? It’s all about cost. Today, after 13 years on the market, the cash price for a 30-day supply for most patients is over $ 400. It is still not covered by most insurers, and when it is, it is usually in the highest tier so still out-of-pocket costs can be over $ 100 per month through insurance.”

— Surviving the “Business” of Healthcare - Knowledge is Power!: A Unique Perspective from a 4th Generation Family Practice Provider and Now Cancer Patient by Barbara Galutia Regis M.S. PA-C

Considering it is a less addictive medication that would do the same as oxycodone why isn’t it more affordable?
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Count Lucanor
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Re: Why do you believe Lyrica isn’t more affordable?

Post by Count Lucanor »

Could be many things: monopoly, law of offer and demand, etc.

Cost of production doesn't seem to be a factor. Where I live, medicines are very expensive and you can get a 30-day supply of Lyrica (90 capsules) for around US$ 100.00 to US$ 150.00 without insurance cover and 20% discount with insurance. And nearby in Colombia, you can get the same supply (90 capsules) for around US $13.00.
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LuckyR
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Re: Why do you believe Lyrica isn’t more affordable?

Post by LuckyR »

Uummm... Pharmaceutical patents run 20 years, 7 more to go hefore generics cut into the price that can be sustained.
"As usual... it depends."
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Re: Why do you believe Lyrica isn’t more affordable?

Post by Sculptor1 »

By which I assume you mean pregabalin?
Pharmaceutical companies are not in the game altruistically.
When they develop, research and make drugs available their chief concern is to quickly recover developement costs and start milking the market for maxiumum profit.
Patents on thousands of drugs mean that profits in the thousands of %ages can be screwed out of sick people for decades. The third world has been making alternatives for deacades which give the same efficacy for pennies, where the same drug in the WEST can cost big money.

I imagine they want to get their money back before all the dangerous side effects start to attract litigation too.
Side effects include:
Hypnotic-Dependent Insomnia
violent behavior, aggressiveness, or anger.
anxiousness or restlessness.
anxiety
depression
irritability
mania.
panic attacks.
suicidal thoughts or behavior.
Last edited by Sculptor1 on June 9th, 2021, 11:28 am, edited 1 time in total.
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Surviving the Business of Healthcare: Knowledge is Power

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