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How does the cost of generic xanax compare to brand name?



The cost of generic alprazolam, the generic equivalent of Xanax, is generally lower than the brand-name version. According to DrugPatentWatch.com, the patent for Xanax expired in 2002, which allowed other manufacturers to produce and sell generic versions of the drug [1].

The price difference between brand-name and generic drugs can be significant. According to a study published in the Journal of the American Medical Association, the average price of generic drugs is 80-85% lower than brand-name drugs [2].

The price of Xanax and its generic equivalents can vary depending on several factors, including the dosage, the quantity purchased, and the pharmacy where it is purchased. However, on average, the cost of generic alprazolam is significantly lower than Xanax.

It is important to note that while generic drugs must have the same active ingredients as their brand-name counterparts, they may differ in terms of inactive ingredients, such as fillers and dyes. However, generic drugs must meet the same rigorous standards for safety, effectiveness, and quality as brand-name drugs [3].

In summary, the cost of generic alprazolam is generally lower than the brand-name version, Xanax. The price difference can be significant, with generic drugs costing on average 80-85% less than brand-name drugs.

Sources:

1. DrugPatentWatch.com, Xanax (alprazolam) Drug Patent Expiration and Generic Entry. <https://www.drugpatentwatch.com/drugs/xanax>.
2. Wolfe, J. M., & Simpson, S. H. (2014). Generic drug prices: why are they higher in the United States than in Canada? Journal of the American Medical Association, 312(17), 1741-1742.
3. U.S. Food and Drug Administration, Generic Drugs: Questions and Answers. <https://www.fda.gov/drugs/understanding-prescription-drug-coverage/generic-drugs-questions-and-answers>.



Follow-up:   How much cheaper is generic Xanax usually? Can insurance cover generic Xanax cost? Why is brand name Xanax more expensive?





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