Drug Price Comparison - KCBD NewsChannel 11 Lubbock

10/29/03

Drug Price Comparison

You've probably heard that Americans pay more for prescription drugs. A new study from the University of Pennsylvania spells it out, in dollars and cents.

Researchers looked at 249 commonly used drugs and compared the prices in the U.S. with eight other countries.

While Japan topped the list with the highest average prices, all the other countries were between 6% and 33% less than the drug costs in the U.S.

That includes Japan, France, Germany, Italy, Britain, and Canada, with the lowest drug prices on average found in Canada.

The study was conducted by researchers at the University of Pennsylvania's Wharton School and is published in the journal Health Affairs.

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