Americans Likely Will Seek Low-Priced Generic Drugs At Discount Retail Chains

By BECKEY BRIGHT
October 11, 2006, WSJ.com

A new Wall Street Journal Online/Harris Interactive health-care poll suggests low-priced generic drugs soon to be sold by stores such as Wal-Mart Stores are likely to attract a big share of the market for prescription drugs.

The online survey of 2,493 adults suggests that whenever there is an acceptable equivalent, a majority of Americans would choose a generic over a brand-name prescription medicine. Nearly a fourth said they would always purchase the generic and 28% said they would "much more often" do so, compared with 19% who said they would always or much more often choose the brand-name drug.

Thirty-nine percent of those polled said they currently most often buy prescription drugs at a chain drug store, such as Walgreen or Eckerd, while 13% buy from a discount store such as Wal-Mart, Target or Sam's Club and 11% order online or by mail.

However, recent announcements by Wal-Mart, Target and Kmart that those stores would offer some generic drugs at a discount may influence where consumers fill their future prescriptions, the survey indicates.

Half of those polled said they would be likely, very likely or "absolutely certain" to fill prescriptions at these stores, compared with another 25% who said they were somewhat likely and 26% who said they were not at all likely.

See complete results of the poll:

"Where do you go most often to buy prescription drugs for yourself or a family member? Please select one answer only."

Base: All adults

  Total
Purchase Prescription Drugs (NET) 93%
A chain drug store like Walgreens, CVS or Eckerd 39
The pharmacy at a discount store like Wal-Mart, Target or Sam's Club 13
A local independent pharmacy 12
Online or by mail order 11
The pharmacy at a supermarket like Safeway, Shop Rite or Kroger 10
The pharmacy at a hospital or medical center 5
Somewhere else 3
Never purchase prescription drugs 7

Note: Percentages may not add up to exactly 100% due to rounding.

* * *

"If you had a choice between getting a brand name prescription drug or a generic drug, how often would you choose one over the other?"

Base: Those who purchase prescription drugs

  Total
Would Choose Generic More Often (NET) 68%
I would always choose to buy generic drugs over brand name 23
I would much more often choose to buy generic drugs than brand name 28
I would somewhat more often choose to buy generic drugs than brand name 17
Would Choose Brand Name More Often (NET) 32%
I would somewhat more often choose to buy brand name drugs than generic 14
I would much more often choose to buy brand name drugs than generic 10
I would always choose to buy brand name prescription drugs over generic 9

Note: Percentages may not add up to exactly 100% due to rounding.

* * *

"What is the most you would be willing to pay out-of-pocket for a 30-day supply of generic prescription drugs?"

Base: Those who would choose to purchase a generic drug

  Total
Nothing 5%
$10.00 or less 40
$10.01 - $25.00 36
$25.01 - $50.00 15
More than $50.00 5

Note: Percentages may not add up to exactly 100% due to rounding.

* * *

"Wal-Mart, Target and Kmart announced that they will begin selling some generic prescription drugs at discounted prices in some parts of the country. Wal-Mart and Target will sell a 30-day supply of these drugs for $4.00 and Kmart will sell a 90-day supply for $15.00. How likely will you be to fill your prescriptions with generic drugs purchased in these stores?"

Base: Those who purchase prescription drugs

  Total
Absolutely Certain/Very Likely/Likely (NET) 50%
Absolutely certain that I will 13
Very likely 20
Likely 17
Not at All/Somewhat Likely (NET) 50%
Somewhat likely 25
Not at all likely 26

Note: Percentages may not add up to exactly 100% due to rounding.

Methodology:

Harris Interactive conducted this online survey within the U.S. between Oct. 4 and 6, 2006 among a national cross section of 2,493 adults. Figures for age, gender, race/ethnicity, education, income and region were weighted where necessary to align with population proportions. Propensity score weighting was also used to adjust for respondents' propensity to be online. In theory, with probability samples of this size, one could say with 95% certainty the results have a statistical precision of +/- 3 percentage points of what they would be if the entire adult population had been polled with complete accuracy.


About Harris Interactive

Harris Interactive is a world-wide market research and consulting firm, best known for The Harris Poll and its use of the Internet to conduct scientifically accurate market research. For more information, see http://www.harrisinteractive.com/1. To become a participant in The Harris Poll Online and join future online surveys, see http://www.harrispollonline.com/2.

Write to Beckey Bleft at mailto:beckey.bright@wsj.com3