'Doctors could save SA economy R4-billion per year in generic medicines'

One of the leading generic medicine providers in the country Pharma Dynamics says there are cheaper generic alternatives to replace the prescription of expensive brand-name medication costing the SA economy around R4-billion a year.

The company says patients are paying between 40% and 80% more than they need to.

Erik Roos, CEO of Pharma Dynamics said “for patients with hypertension (high blood pressure) alone, substituting brand-name prescription medication for generics, would save millions.”

He adds that many patients are paying over R350 for a product that could be costing them in the region of R75.

“The reason generic manufacturers can sell medication at a lower cost is not because it is of inferior quality, but because of the increased competition among generic manufacturers, who don’t have to go through the expensive research and development phase that brand companies have already gone through,” said Roos.

Dr Mark Sonderup, Physician & Vice Chair of the South African Medical Journals has questioned these claims.

There are a number of reasons why people may actually prescribe the original, that is because there is actually no alternative generic.

Dr Mark Sonderup, Physician & Vice Chair of the South African Medical Journal

If patients want to actually use the more expensive brand they have go to be prepared to pay.

Dr Mark Sonderup, Physician & Vice Chair of the South African Medical Journal

I am not sure what their dissertation is based on and I would like to see the actual empiric evidence that they are claiming.

Dr Mark Sonderup, Physician & Vice Chair of the South African Medical Journal

Listen to the full interview below...


Recommended

by NEWSROOM AI
Read More
Sars office operated with skeleton staff to allow union meeting, says caller

Sars office operated with skeleton staff to allow union meeting, says caller

Senior citizen 'Ruth' called in to the John Maytham show to say a Sars office was depleted after announcement of union meeting.

Why did security fail when CCTV cameras picked up train-fire suspects?

Why did security fail when CCTV cameras picked up train-fire suspects?

EWN's Kaylynn Palm reports on Transport Minister Fikile Mbalula's presser after 18 carriages burnt out at Cape Town Station.

Recreational lobster fishing: 'Brochure two-seasons-old but still applies'

Recreational lobster fishing: 'Brochure two-seasons-old but still applies'

Fisheries Management's Wendy West clarifies questions around the current West Coast rock lobster recreational fishing season.

Overhaul planned for medical aid prescribed minimum benefits

Overhaul planned for medical aid prescribed minimum benefits

Council for Medical Schemes says bi-annual review will benefit consumers and will extend cover to more essential conditions.

Accreditation problems could lead to nursing shortage

Accreditation problems could lead to nursing shortage

Denosa says some of the private nursing colleges fail to teach the right courses prescribed by the Nursing Council.

Aspirin is aspirin, or is it? The science of generic medicine…

Aspirin is aspirin, or is it? The science of generic medicine…

Generic drugs use the same active ingredients than branded drugs. It’s usually much cheaper, but is it really as good?

Popular articles
What are the opportunities that lie ahead for SA after COVID-19?

What are the opportunities that lie ahead for SA after COVID-19?

Tech entrepreneur Alan Knott-Craig gives reasons the country is in a better position during the outbreak than other places.

 'Easter during COVID-19 outbreak must be time to be introspective about faith'

'Easter during COVID-19 outbreak must be time to be introspective about faith'

South African Council of Churches general-secretary Bishop Malusi Mpumlwana reflects on the upcoming Easter holiday in a lockdown.

COVID-19 death toll rises to 18 in SA, cases at 1,845

COVID-19 death toll rises to 18 in SA, cases at 1,845

In a statement released on Wednesday night, the minister said the cases had gone up to 1,845.

Lockdown: Companies with good service on social media - and those without

Lockdown: Companies with good service on social media - and those without

Consumer journalist Wendy Knowler investigates which companies are meeting their customers’ needs on social media.

How to support outdoor entertainment indoors

How to support outdoor entertainment indoors

Theatres across the world have gone dark, but you can still support and watch the arts while at home

How did a single Netcare hospital become the epicentre of Covid-19 in KZN?

How did a single Netcare hospital become the epicentre of Covid-19 in KZN?

Bruce Whitfield interviews Richard Friedland, CEO at Netcare – owner of the hospital at the epicentre of KZN’s Covid-19 outbreak.

Expect no price hikes or shortages (except rice, pasta) from us - Tiger Brands

Expect no price hikes or shortages (except rice, pasta) from us - Tiger Brands

Tiger Brands CEO Noel Doyle assures South Africans that there are sufficient supplies of most of the company's products.

Dis-Chem launches drive-through COVID-19 testing sites

Dis-Chem launches drive-through COVID-19 testing sites

The company says the tests will cost R850 each and it may take 24 to 48 hours to get your results back.

#COVID-19: Old Mutual offers 4bn worth of free life cover to health workers

#COVID-19: Old Mutual offers 4bn worth of free life cover to health workers

The company is making it available to approximately 430,000 registered healthcare workers on the front-line of the pandemic.

Lockdown shelters in Tshwane helping reunite the homeless with their families

Lockdown shelters in Tshwane helping reunite the homeless with their families

Joanne Joseph speaks to City of Tshwane administrator spokesperson Omogolo Taunyane- Mnguni to find out more.