American Morning

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July 26th, 2011
10:21 AM ET

Drug prices to get cheaper as patents expire

Over the next 14 months, generic drugs for seven of the world's best-selling drugs will become available as brand-name drug patents expire, including the top two: cholesterol fighter Lipitor and blood thinner Plavix.

Competition from generic drugs will decrease brand-name sales, causing drug prices to plummet for patients and health providers.

Today on American Morning, senior medical correspondent Elizabeth Cohen breaks down which drugs will decrease in price and discusses how much money Americans will save when they go generic.

Filed under: Health
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