Newspaper article THE JOURNAL RECORD

Cardizem CD Mails Refunds to OK Consumers Who Overpaid for Heart Medication

Newspaper article THE JOURNAL RECORD

Cardizem CD Mails Refunds to OK Consumers Who Overpaid for Heart Medication

Article excerpt

More than $300,000 is in the mail to Oklahoma consumers who overpaid for a commonly prescribed heart medication, Attorney General Drew Edmondson said.

Checks were mailed last week to consumers who purchased Cardizem CD or its generic equivalent between January 1998 and January 2003. The checks, which will range in amount from $10 to $3,585.91, are the result of a settlement between 27 states, the District of Columbia and Puerto Rico and the drug's maker after the states accused the company of conspiring to keep Cardizem's generic equivalents off the market.

Cardizem CD is used to treat high blood pressure, chest pains and heart disease. The suit alleged Aventis, Cardizem's maker, paid competing pharmaceutical company Andrx almost $90 million to keep its generic version of Cardizem CD off the market.

One month's prescription of Cardizem CD costs about $67. Generic drugs are typically sold at about 70 percent of the brand-name price. As additional generic brands become available, the price for the generic version often falls to 30 percent of the price of the brand-name drug, according to the attorney general's office. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.