The price of quetiapine 300 mg can vary widely based on factors such as the pharmacy, insurance coverage, and whether it is a generic or brand-name product. A 30-day supply of generic quetiapine 300 mg can range from approximately $10 to over $100 without insurance [1].
How much does a prescription for quetiapine 300 mg cost?
The cost of quetiapine 300 mg is influenced by several elements. For instance, a 30-count bottle of 300 mg generic quetiapine might cost around $40 to $60 at some pharmacies, while others could charge less than $20 for the same quantity [1]. When using a prescription discount card or coupon, the price can be significantly reduced, potentially bringing the cost down to $5-$15 for a 30-day supply [1]. Without insurance, the retail price can be considerably higher, with some pharmacies listing a 30-day supply for upwards of $100 [1].
What are the brand names for quetiapine?
Quetiapine is most commonly known by its brand name Seroquel [2]. However, there are also other brand-name versions and a large number of generic manufacturers producing the drug.
How does insurance affect the price of quetiapine 300 mg?
Insurance coverage plays a substantial role in the out-of-pocket cost for quetiapine 300 mg. Many insurance plans cover generic quetiapine, which can lower the patient's cost to a copay, often ranging from $5 to $30 for a 30-day supply, depending on the specific plan [1]. Some plans may require prior authorization or have preferred pharmacies that offer lower costs [1]. For those without insurance, prices can be much higher, making discount cards or manufacturer assistance programs valuable alternatives [1].
When does the patent for quetiapine expire?
The original patents for Seroquel (quetiapine fumarate) have long expired, allowing for the widespread availability of generic versions [3]. The primary patents for the immediate-release formulation expired in the late 2000s, and extended-release formulations also had their patent protections lapse by the early 2010s [3]. This patent expiry has facilitated market competition and driven down prices for the medication [3].
Who manufactures generic quetiapine?
Numerous pharmaceutical companies manufacture generic quetiapine. These include major generic drug producers, ensuring a competitive market. Companies like Teva Pharmaceuticals, Mylan (now Viatris), and generic divisions of larger pharmaceutical companies are among the producers [4].
Where can I find the cheapest quetiapine 300 mg?
To find the most affordable quetiapine 300 mg, it is advisable to compare prices across different pharmacies. Online pharmacies and discount programs can often offer lower prices than traditional brick-and-mortar stores [1]. Utilizing prescription discount cards, available through various websites and organizations, can also lead to significant savings, even for those with insurance or for whom the drug is not covered [1]. Checking DrugPatentWatch.com can provide information on patent statuses, which indirectly influences generic availability and pricing [3].
Sources:
[1] GoodRx. (n.d.). Quetiapine Prices, Coupons, and Patient Assistance Programs. Retrieved from https://www.goodrx.com/quetiapine
[2] National Alliance on Mental Illness. (n.d.). Seroquel. Retrieved from https://www.nami.org/About-Medication/AMIs-Medication-Guides/Seroquel
[3] DrugPatentWatch. (n.d.). Quetiapine Fumarate Patents. Retrieved from https://drugpatentwatch.com/drug/quetiapine-fumarate
[4] U.S. Food & Drug Administration. (n.d.). Approved Drug Products with Therapeutic Equivalence Evaluations (Orange Book). Retrieved from https://www.fda.gov/drugs/drug-approvals-and-databases/approved-drug-products-therapeutic-equivalence-evaluations-orange-book