The cost associated with Livalo, a brand name for pitavastatin, frequently raises questions among patients and healthcare providers. This medication is a statin, prescribed to lower cholesterol levels and reduce the risk of cardiovascular events. The price point often influences treatment decisions and accessibility for individuals needing cholesterol management.
Several factors contribute to the overall expense of pharmaceuticals. These include research and development costs, which are substantial for new medications. Patent protection also plays a role, granting exclusive marketing rights to the manufacturer for a set period. Market competition, or the lack thereof, further impacts pricing strategies. Without generic alternatives, the brand-name drug may command a higher price.
