Re: Why the High Cost Of Xanax XR ???
Yes, it's because the medicine is only manufactured as a generic by one company, and the generic is relatively new. It's the law of supply and demand. When there are more generic manufacturers, the price of the medicine goes down. When there is only one, a company doesn't have to lower its cost too far below the brand name drug. When there are several generics for a drug, those companies have to compete, hence lowering their rates. You'll probably see more pharmacies than just Wal-Mart lower their generic prescription cost to $4.00. Competition drives the price of the medicine down in the case of medicines.
Newer generics and brand name drugs are always more expensive. An older medicine with several generic manufacturers is typically going to be more expensive.