• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About
  • Contribute
  • Contact
  • Resources
  • Forex Trade Plan

Finance Girl

Digestible finance news for all

  • Green /
  • Student /
  • Business /
    • / Employment
  • Shopping /
    • / Motoring
  • Home /
  • Money Advice /
    • / Making Money
    • / Saving Money
    • / Debt
    • Loans
  • Investing /
    • / Alternative
  • Travelling /
  • Retirement /
  • Property /
  • Life /
    • / Mental Health
    • / Eat & Drink
    • / Manchester
You are here: Home / News / Varying costs of medication

Varying costs of medication

by Leave a Comment

Photo Credit: Imperial College Health Center
Photo Credit: Imperial College Health Center

Many citizens are not aware of the drastic changes in prices of medication, especially chronic medication for non – communicable diseases, from one country to another.  When you paying $70,000 for your chemotherapy in the USA and you find out that someone who is on the same medication in India is only paying $2,500 it is shocking news!  Why the huge difference in price?

Simply put it’s because the medication in question is patented in the USA and not in India. One would think that medication has the same price, no matter where you are in the world, and that the patent is global, not country specific.

The article on The Atlantic explains in great detail why the prices differ so much, and what could possibly happen if more countries take advantage of the patent laws that have been placed on medications.

Although patented medication is more expensive than generic medication, surely there are also risks involved in taking generic medication, especially if it is for non – communicable diseases?

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CommentLuv badgeShow more posts

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Julie Cheung / Finance Girl

Manchester blogger with an interest in personal finance, investing and mental health.




☆ Current Favourite Reads

☆ Top Finance Book Picks

   

☆ Get Cashback Shopping Online ☆

With over 3,800 retailers including M&S, Waitrose, Argos, Expedia, Amazon and eBay!

Read how I made £521 on Topcashback here.

Recent Posts

  • 3 Reasons Why You Should Consider Outsourcing Small Business Accounting Today
  • Why You Should Consider Investing in Alternative Assets
  • Top tips for students when selling a MacBook Pro
  • How to keep your car well maintained
  • How to get accepted for car finance with poor credit
  • Different Types Of Loans
  • How to Upgrade Your Home Business Without Breaking the Bank
  • Things to consider when choosing a therapist
  • How To Improve Your Financial Capability
  • How to access help if you can’t afford counselling or therapy in the UK
  • Financial Misselling: What Is It and Can You Claim?
  • Why 2021 is the best time to buy your first home

Invest in Gold and Silver

Read my post: Should You Invest In Gold?

Footer

Me and Pancake

Goodreads

Instagram

Cowdale Lime Works
💇
Copyright © 2018 Julie Cheung