Generic Propecia now available in US

[HairLossFight.com]

From Dr. Lee:

30 June 2006

Q. Is generic finasteride now available in the U.S.?

A. Yes. If you access
http://www.fda.gov/bbs/topics/NEWS/2006/NEW01394.html you can read the
following announcement dated 23 June 2006:

In addition to today's approval of Simvastatin, FDA approved the following
first generic products earlier this week:

Finasteride Tablets, 1 mg (Propecia) -- for the treatment of mild to
moderate male pattern hair loss in men between 18-41 years of age.
Finasteride Tablets, 5 mg, (Proscar) -- for the treatment of benign
prostatic hypertrophy (BPH) in men with an enlarged prostate to improve
symptoms by reducing the size of the prostate.

The economic benefits of FDA's generic drug approval program are significant
because generics can cost a fraction of the price of the brand name drugs
and generic drugs represent about two-thirds of total prescription doses
sold in the U.S. in 2004, according to IMS data on U.S. retail sales.
Competition from these four generics and from future generics that are
substitutable for these products may quickly lead to reductions in spending
of about $1 billion per year. This estimate of savings assumes each drug
attracts only two generic competitors and these competitors would capture
about 50% of the brand name sales. The savings would likely increase as more
competitors enter the market (See
http://www.fda.gov/cder/ogd/generic_competition.htm.)

It would be wise to call several pharmacies to compare prices.

Richard Lee, M.D.
Consulting Physician
Regrowth, LLC
http://www.minoxidil.com