- Report: #1060247
Report - Rebuttal - Arbitrate
Complaint Review: Dr. Reddy's Laboratory, Ltd.
Dr. Reddy's Laboratory, Ltd.200 Somerset Corp. Blvd. Bridgewater, New Jersey USA
Dr. Reddy's Laboratory, Ltd. Drug manufacturer ripping public off! Bridgewater New Jersey
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1 mg. Propecia is a popular brand name drug for stopping male hair loss. The cost is about $210.00 for a 90 day supply. The patent just expired and Dr. Reddy Laboratories, Ltd. has now come out with the first generic 1 mg called Finasteride (the generic of Propecia). Since they have exclusive rights for the first 90 days (to gouge the public), they are charging $150 for a 90 day supply!!
5 mg of Finasteride has been out in generic for a while, to treat prostate cancer I believe. The cost for 100 of the 5 mg. is only $21.00!! That is crazy.
That means I can get a YEAR supply of 1.25 mg of Finasteride by cutting up the 100 5 mg pills into 1/4s for $21.00 as opposed to getting Dr. Reddys Laboratories, Ltd. generic 1 mg for $150 for a 90 day supply (or $600 for a year supply). Of course in about November there will be about 8 more manufacturers of the generic and the price will drop. But why do they have to rip the public off like this. They suck!!
This report was posted on Ripoff Report on 06/18/2013 08:21 PM and is a permanent record located here: http://www.ripoffreport.com/r/Dr-Reddys-Laboratory-Ltd/Bridgewater-New-Jersey/Dr-Reddys-Laboratory-Ltd-Drug-manufacturer-ripping-public-off-Bridgewater-New-Jerse-1060247. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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