Monthly Archives: May 2012

THE 10 MOST expensive prescription drugs in the Republic’s biggest pharmacy chain are to fall in price by an average of 25 per cent. This will save people on medications for conditions including asthma and heart disease up to €300 a year.

The savings are the result of a dramatic overhaul of the Boots Ireland pricing model. It has abandoned the traditional 50 per cent mark-up that pharmacists add to the cost price of a drug on top of a €5 dispensing fee, in favour of a single €7 “professional services fee” that will be added to the cost price of drugs.

Industry sources said last night the move is likely to spark a prescription drug price war with other chains forced to follow suit.

Good news.

That can’t be right, can it?

Chain to cut drug prices by average of 25% (Conor Pope, Irish Times)

With the Electric DeLorean not due out until 2013, DMC has approved an appetite-whetter in the sleek and shiny form of the DeLorean Bicycle:

Italian-made Columbus XCR tube frame — in stainless steel, of course — as well as a belt drive transmission, an 11-speed internally-geared hub, front and rear hydraulic disc brakes, a luminescent coating on the wheels, an Italian-made gel saddle, and a full carbon fork.

The price? $5,500.

uncrate