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The Costly Conundrum: Understanding the High Price of Vyzulta in the US

News 2023-07-05 | CanadaOnlineHealth

Introduction 

In recent years, the rising cost of prescription medications has become a pressing concern for many in Americans. One such medication is Vyzulta, a newer popular glaucoma treatment. With this article, we hope to shed light on why Vyzulta is so expensive in the US, while highlighting the price disparities compared to Canadian pharmacies and online pharmacies. 

Vyzulta and Its Benefits 

Vyzulta (latanoprostene) is an FDA-approved medication used to treat open-angle glaucoma and ocular hypertension. Both conditions can lead to vision loss, a risk greatly reduced by taking Vyzulta. It is classified as a prostaglandin analog, which increases fluid drainage from the eye, reducing intraocular pressure and safeguarding the optic nerve from damage.  

The Cost Disparity: 

One of the puzzling aspects of Vyzulta is the difference in pricing between the US and other countries such as Canada. The high cost of Vyzulta as well as many other prescription drugs in the US is caused by a variety of factors. Research and development (R&D) expenses play an important role. Pharmaceutical companies invest substantial resources into discovering and developing new drugs such as Vyzulta. The cost of this, as well as clinical trials and regulatory approvals, play a role in the price of medication. 

As of writing this article, the healthcare system in the US is complex and fragmented. Unlike countries with centralized healthcare systems, such as Canada, the US uses a market-based model, in which pharmaceutical companies negotiate their prices with insurers, pharmacy benefit managers (PBMs), and pharmacies. Negotiations often result in higher medication prices to cover discounts, rebates and distribution-related fees. 

Price comparisons: Canadian and Online sources 

Vyzulta’s pricing discrepancy is quite notable when compared to Canada. Canada’s government plays a much more active role in negotiating drug prices, which enables patients to access cheaper medication. This is because of a centralized healthcare approach, where the government has more bargaining power to ensure favourable pricing agreements which ensures even brand name medication from Canada is affordable for most citizens. 

Furthermore, online sources are often more affordable, as the internet allows patients to access medications from various countries. Canadian online pharmacies such as our own have become a reliable option for those seeking Vyzulta online. It is always essential to exercise caution when buying from a mail order pharmacy and ensure the pharmacy is licensed, reputable, and adheres to safety standards. 

The Role of Insurance: 

Insurance plays a huge role in the cost of many prescription medication, including Vyzulta. Insurance coverage varies wildly, while some plans may cover part of the medication cost, others may not cover any at all. In such cases, patients are left paying the full price out of pocket, leading to financial strain and potential non-adherence to prescribed treatments. 

Pharmaceutical Industry and Profit Margins: 

The high cost of many medications, including Vyzulta, also stems from the profit-driven nature of the pharmaceutical industry. Pharmaceutical companies invest a lot of their resources into research and development, clinical trials, and regulatory processes, all of which contribute to the price of bringing a drug to market. The need to make enough to cover these investments as well as for future innovation is often cited as a reason for the price of medications. 

Conclusion: 

Vyzulta, an important medication for those with glaucoma, has a high price in the United States. There are many factors that contribute to this, but it leaves many patients unable to afford their health. Those looking for best priced Vyzulta can turn to Canadian online pharmacies to find affordable options. Always make sure to exercise caution when ordering medication online and make sure to verify the pharmacy you purchase from is reputable. 

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