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Of the top 10 prescription drugs sold in 2007, nine were generics. In fact, the top prescription sold in 2007 was the generic version of Cialis and Viagra. The American public spent over $286 billion on prescription drugs in 2007. With the price of generic drugs averaging 30 to 80 percent less than the cost of brand-name drugs, the American public can save billions of dollars by using generic drugs. Overall, these savings can help control the cost of health care in the U.S. without reducing the quality offered to patients.
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Health care professionals strongly support the use of generic drugs. The American Medical Association, the largest organization of medical doctors, states that generic drug products are acceptable for use by the American public. Most hospitals routinely use generic drugs for treatment of their patients.
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