Purpose Behind Pfizer’s Lipitor Discount
Patients who prefer Lipitor, the name-brand cholesterol medication, over other inexpensive, generic versions are in luck, thanks to a new Lipitor discount offered by the drug’s manufacturer, Pfizer. Patients will be able to obtain Lipitor, the highest-selling prescription medication in U.S. history, for $30 or less each month under Pfizer’s new Lipitor Choice Program.
Discount for Lipitor Offered
Patients who obtain a Lipitor discount card on Lipitor’s website may receive a one-month supply of the medication for $30 if they are covered under the Affordable Care Act or Medicare plans, if they have no insurance, or if they have commercial insurance and are paying more than $130 for a copayment. Those who are paying less than $130 will be entitled to a Lipitor discount and will pay $4 for the medication; the pharmacy will receive the difference from Pfizer, according to the manufacturer.
The Lipitor Choice program is the company’s latest effort to hang onto revenue from the medication, which generated nearly $13 billion in 2006 at its peak. In November 2011, its patent expired in the U.S. and in other markets shortly thereafter. As a result, cheaper copycat versions of Lipitor began to surface across the country. According to Pfizer, Lipitor discount cards are accepted at 98 percent of pharmacies in the country, and the program will continue until the end of 2015. Pfizer stated that if there is great interest in the discount card, the company may consider trying it with its other products.
Is Lipitor Safe?
Pfizer’s decline in profit is due in part to the filing of lawsuits by plaintiffs throughout the U.S. against the company, alleging that Lipitor causes neurological disorders, pancreatic and sexual dysfunction, kidney failure, liver and muscle damage, and degenerative muscle tissue conditions. However, the possible side effect for which Lipitor has become the most known is type 2 diabetes.
Although the U.S. Food and Drug Administration (FDA) required Pfizer to provide an updated warning label on Lipitor in February 2012 to inform consumers of the potential link between the drug and type 2 diabetes, thousands of patients had already taken the drug and were allegedly at risk of suffering from complications. Lipitor was approved by the FDA in 1996 to help to prevent an enzyme in the liver from producing low density lipids, or “bad cholesterol,” that can block the arteries and increase the likelihood that a patient will suffer from blood clots, heart attack, stroke, and death.
Have Questions about the Lipitor Discount?
If you have concerns about the Lipitor discount or if you took Lipitor and were later diagnosed with type 2 diabetes, contact the American Injury Attorney Group today for a free, no obligation consultation. We can inform you of your legal rights and, if you have a case, can connect you with an affiliated attorney who can help you seek the compensation to which you may be entitled. Additionally, if you have lost a loved one due to complications while taking Lipitor, you may be entitled to pursue a wrongful death claim on his or her behalf and recover damages for your losses.