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Propecia merck price drops below $1.20 for first time since Nov. 4 (Source: Merck) The number of days between first price drop for the pharmaceutical drug and its first public appearance on the black market has narrowed to 10 days, from 18. In its filing Wednesday, Pfizer disclosed that sales of its buy generic propecia online cheap blockbuster, Propecia was down 6.6% from the same period of year before. The new monthly statistics indicate impact of the price surge, and effects that they are likely to have on an entire industry. (Source: Reuters) As of October 21, Propecia accounted for 1.2 million prescriptions — about 17% of all the prescriptions filled. According to statistics released in September, more than 1 million women in the United States were taking a prescription for Propecia in 2007. The drug works by blocking breakdown of the female sex hormone, estradiol. Propecia was originally prescribed in the 1950s with an aim to treat breast cancer and has become a leading treatment for menopause in the last few years. The generic version of Propecia has propecia buy cheap dropped in price by more than half since it became available in 2004. A report for Reuters earlier this month estimated that a generic version of the drug could be priced at 5 cents per pill as recently 2005. Earlier this year, President Bush signed into law the Prescription where to buy cheap propecia Drug User Fee Act, forcing all pharmaceutical companies that produced or sold generic versions of approved drugs to help pay produce the generic. As a result of the law, generic drug companies — like those that produce Propecia — can now charge the same price that U.S.'s largest pharmaceutical companies charge for branded Propecia. Pfizer's annual Propecia sales fell from drug prices canada vs us $8.3 billion in 2005 to $5.8 2010. Propecia is no longer considered a breakthrough drug. After the drug hit market, industry began looking for cheaper alternatives, and Propecia became less popular. A study published this year in the journal Psychosomatic Medicine showed Propecia was as effective older treatments like Tamoxifen, and was about 50% less likely to cause blood clots. Follow @JoelMMathis WATCH PHOTOS: Propecia: The Controversy in Photos WATCH PHOTOS: Propecia in ACTION By Richard.

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