The 'unprecedented' plunge in prescription drug prices

When patents for drugs like Lipitor and Plavix expire over the next two years, prices will drop as generics flood the market

A Florida pharmacist fills prescriptions: Six of the 10 top-selling drugs will go generic in the next two years, which will make them cheaper for patients.
(Image credit: CHARLES W LUZIER/Reuters/Corbis)

Dozens of patents for name-brand drugs are due to expire within the next 14 months, and generic drugs will replace some of the most popular and widely advertised drugs used today. For millions of people worldwide, this means switching from familiar brands like Lipitor to generic equivalents. How will this affect drug companies, and what will be the impact on people who depend on expensive prescription medication? Here, a brief guide:

Which drugs are scheduled to go generic?

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