AI Article Synopsis

  • Evergreening refers to the tactics used by pharmaceutical companies to extend patent protections and maximize profits from brand name drugs after their initial patents expire.
  • These practices often lead to higher prices for psychotropic medications without necessarily improving their effectiveness, ultimately restricting access and utilization for patients.
  • A systematic review identified 11 strategies for evergreening, with case studies showing that some psychiatric medications can cost up to 211 times more than their original price, creating inefficiencies in healthcare and potentially lowering the quality of patient care.

Article Abstract

Evergreening consists of multiple ways that pharmaceutical companies extend patent protection and prolong profitability of brand name drugs past patent expiration. In psychotropic medications, these strategies do not necessarily make more effective drugs, and often increase drug prices, which can result in lower access and utilization. There has not been a systematic literature review of evergreening strategies for psychiatric medications. Based on such a review, 11 strategies were identified and relevant examples were provided. Four case examples of commonly used psychiatric medications indicated evergreen prices 3 to 211 times the cost of the original medication, and the evergreen costs ranging from $132.00 to $10,125.24 higher than the original cost on an annual basis. The higher cost of evergreening medications can create inefficiencies and waste in healthcare resulting in lower-quality patient care. Healthcare providers, patient advocates, health insurance companies, and policy-makers should be aware of these practices to improve healthcare systems.

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Source
http://dx.doi.org/10.1007/s10597-022-01022-9DOI Listing

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