It is now widely believed that the generic version of Crestor (another cholesterol drug) will be available for the market by April 2012. Great for the health care budget.
Crestor was the the most costly drug in Canada last year coming it at $875,000,000.
Newfoundland and Labrador's portion of this was over $19 million.
When the generic is released it will cost approximately half of this amount or over $800,000 a month savings.
If we continue down the same path used for introducing new generics - we will waste over 3 million dollars.
Just imagine the savings.
Now this is a heads-up to the Minister of Health, the Minister of Finance, and the government.
Will they now deal with this problem?
Will the media or Opposition parties ask the questions?
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