Why Is Vyvanse So Expensive? Save Your Money!
The most prevalent neurodevelopmental disorder in the United States is Attention Deficit Hyperactivity Disorder ADHD. ADHD symptoms may be alleviated by the prescription drug Vyvanse, but in the past, it has been known to be very pricey. Why then is Vyvanse so expensive? Here are the reasons.
What Is Vyvanse
One dose of the prescription stimulant drug Vyvanse should be taken each day.
It is authorized for use in children and adults over the age of six and is a member of the drug class known as central nervous system stimulants.
According to the U.S. government, Vyvanse is a controlled substance listed on Schedule II.S. Drug Enforcement Agency (DEA), indicating that it is subject to the strictest level of regulation possible for a medication that can be obtained with a doctor’s prescription.
Drugs, substances, or chemicals classified as schedule II controlled substances have a high potential for abuse and may cause severe psychological or physical dependence if used.
These medications have legitimate medical uses for a few conditions, but they can be harmful if misused.
How Popular Is Vyvanse
A class of drugs that also includes Adderall and Ritalin includes Vyvanse the third most popular CNS stimulant. Additionally to being prescribed to treat narcolepsy and promote weight loss, medications in this class are made to keep you focused and alert.
How Does Vyvanse Work
The way that Vyvanse works are by raising the brain’s dopamine and norepinephrine levels. These neurotransmitters play a role in controlling attention, mood, and behavior.
These neurotransmitters are allegedly out of balance, which leads to ADHD. Vyvanse can help with the symptoms of ADHD by raising dopamine and norepinephrine levels.
Vyvanse Side Effects
Children between the ages of 6 and 17 and adults with ADHD who take Vyvanse frequently report the following side effects:
- loss of appetite (anorexia)
- decreased appetite
- diarrhea
- dizziness
- irritability
- nausea
- vomiting
- dry mouth
- trouble sleeping
- stomach pain
- anxiety
- weight loss
How Much Does Vyvanse Cost
Vyvanse costs about $12 per pill.44 per day or $350 for a 30-day supply, for uninsured individuals who need to pay the full retail price out of pocket. Depending on the pharmacy where you buy the medicine, this cost might change.
Your health insurance plan’s coverage for this medication, including the copay and deductible, will determine the cost of Vyvanse for people with prescription drug insurance through Medicare or private insurance.
Why Is Vyvanse So Expensive
Generic Vyvanse Is Not Yet Available
There are no generic alternatives to Vyvanse on the market because it is a brand-name drug.
The earliest that a generic version of Vyvanse will be sold is 2023 when the patents for the drug are anticipated to expire. People with ADHD and B. once the generic version is made available. E.D can anticipate significant financial savings.
Due to the fact that generic medications do not incur the same expensive marketing and advertising expenses as brand-name medications, they are typically much less expensive than name-brand medications.
The FDA (U.S. Food and Drug Administration) mandates that all generic medications meet the same safety and efficacy standards as their name-brand equivalents.
It is likely that several generic pharmaceutical drug companies will market competing versions of the generic drug once the patents for this medication expire. This will ultimately lead to a decrease in the cost of treatment for people with ADHD and B.E.D.
Patent Law Protection
It costs a lot of money and can take years to develop, test, and get FDA approval for a new medication. Patents that give the drug company the sole right to sell the product for 20 years are used to protect all branded medications.
Generic versions of the drug may be sold by other pharmaceutical companies once their patents on them expire.
The Vyvanse patents expire in 2023, making that the earliest time a generic pharmaceutical company will be able to submit an application to the FDA for FDA approval to market a generic version of Vyvanse.
Unregulated Pricing For Pharmaceuticals
In the entire world, the US has the most expensive prescription drug prices. One of the main causes of this is that, unlike in the majority of other nations, pharmaceutical prices are not regulated by the government.
It is not within the FDA’s purview to control American drug prices. The cost of research and development, manufacturing, marketing, and distribution are all factors that the drug company considers when determining the price of a medication.
Drug companies frequently raise the cost of their products over time, particularly when there aren’t any generic alternatives on the market.
How Do I Save On Vyvanse
Vyvanse’s high cost may prevent many people from being able to afford it, especially those who do not have sufficient prescription drug insurance. There are several possibilities that might enable you to reduce the cost of this medication:
- Vyvanse Savings Card
For those who are eligible, Takeda offers a savings card that allows them to save up to $60 per prescription of Vyvanse while paying as little as $30. Up to a maximum savings of $60 per prescription, this offer covers all costs over $30. Any costs above $90 per prescription that you incur must be covered by you. To find out if you qualify, review the terms and conditions on the Takeda website as this offer is subject to change.
- Patient assistance programs
You may be eligible for enrollment into a patient assistance program for Vyvanse.
- Ask your doctor if they can provide you with free Vyvanse samples
Most pharmaceutical companies provide free samples to doctors that are given to their patients to help them get started on the medication.
- Get medical advice from your healthcare professional and find out if there are any alternative medications
Ask your prescribing doctor if there are any lower-cost Alternatives to Vyvanse, such as Concerta (methylphenidate), Ritalin (methylphenidate), Adderall XR (amphetamine), or Adderall (amphetamine), may be effective for you.
- Shop around for the lowest price at mail-order pharmacies
The price of medicines varies by pharmacy so make sure to always check prices at multiple pharmacies to find the lowest possible price for your medication.
- Vyvanse coupons
Find out if you can get a discount on this medication by using the manufacturer’s coupon for Vyvanse.
- Get help from Medicaid
Find out if you are eligible for a state Your prescription for Vyvanse may be covered by your Medicaid plan.