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Why Is Modafinil So Expensive?

Why Is Modafinil So Expensive?

 

The Modafinil cost per pill is $7.78, as listed by the website Drugs, and is considered one of the most expensive Nootropics. The Modafinil 200 mg street price is comparatively lower and is available online without a prescription. It is available at $1.2 per pill at Healthnaturo. 

 

 

If you are wondering why Modafinil is so expensive or the exact Modafinil 200mg price, we have you covered. 

Modafinil is a psychostimulant that is well-tolerated and effective in treating excessive daytime sleepiness associated with Narcolepsy. Modafinil brands such as Modalert and Provigil are often the first line of treatment for hypersomnia. Its benefits, anecdotal reviews, and user testimonials make it one of the most sought-after Nootropics in the market. However, its high price makes most people anticipate why Modafinil is expensive. 

This blog outlines the causes of the high Modafinil cost and gives you an overview of what you can expect when you order Modafinil online. 

 

Why Are Modafinil Drugs So Expensive?

The high cost of Modafinil can be explained through a series of factors listed below. 

 

Intensive Clinical Trials And Studies- 

Cephalon is the manufacturer of Provigil, one of the prevalent Modafinil brands. They conducted numerous clinical tests and trials to establish Provigil's efficacy and safety profile. 

 

Why is modafinil so expensive

 

The pharmaceutical company states that multiple tests were conducted, followed by Animal and human trials over six years. Before a drug is approved, it is reviewed by ethics committees with vigorous human screening. These tests may either come back negative or positive, leading to the final process. 

 

why is Modafinil so expensive

 

Exclusive Patent Rights-

Before Teva Pharmaceuticals bought out the rights, Cephalon was Provigil and Modafinil's sole manufacturer and marketer. Their patent expired in 2015, meaning other pharmaceutical companies could manufacture generic Modafinil. Until then, the cost of Provigil saw a price hike of 476.6% between 2006 to 2013 [1].

 

Absence Of Generic Modafinil In The Market-

One reason explaining the high cost of Modalert and Provigil is the absence of generic Modafinil. It is because Cephalon filed patent infringement lawsuits against companies that bought cheaper Modafinil versions in the market [2]. 

 

Low Market-

In recent times, the off-label benefits of Modafinil have gained recognition; until then, it was only prescribed for treating symptoms of Narcolepsy. Since it occupies only a small portion of the patient population, Cephalon has to keep steep Modafinil prices to generate a higher return. 

The Modafinil cost without insurance for Narcolepsy was $234 per month for the brand name Provigil in 2007. In addition, I was paying a $130 monthly premium and a $500 name deductible, says a woman, addressing her plight on the high Modafinil cost [2]. 

 

Competitive Practices-

Modafinil was and currently is one of the most expensive Nootropics on the market. One reason is its anti-competitive pharmaceutical practices. Cephalon paid other generic manufacturers to delay the manufacturing of generic Modafinil. The generic Modafinil costs 75% to 95% less than their brands. 

 

why is modafinil so expensive

 

These competitive practices delayed the availability of cheaper Modafinil in the market, keeping the cost of Modafinil high. 

 

How Much Does Modafinil Cost Without Insurance? 

For people questioning how much modafinil costs, unfortunately, there is no definitive answer to this question. Although Modafinil is a prescription medication, it is retailed online without a prescription.  

The cost of Modafinil also depends on numerous factors-

  • The online pharmacy you choose to order Modalert or Modafinil from.
  • If you are buying the generic or the brand version of the Nootropic. 
  • The package of the pill.
  • If any additional Modafinil discounts are available.  

The Modafinil cost without insurance starts at $14.03 [3]. The medical use of Modafinil, along with its brand drugs, is approved by the FDA and is therefore covered by insurance.

 

How Much Do Provigil And Modalert Cost With Insurance?

Medical insurance can largely impact the cost of Modafinil. How much modafinil costs can vary depending on your insurance coverage. As previously mentioned, Modalert or Provigil without insurance can range from $14 to $30 per tablet. The cost of Modafinil is often categorized as “tire 1” generic, meaning the cost of a Modalert tablet with insurance is about $1.25 to $3.40. 

How Much Do Provigil And Modalert Cost With Insurance

 

A Guide On Buying Modafinil Online 

Ever since the off-label benefits of Modafinil have escalated, an upsurge in the number of users buying it online has been reported. In Australia, the use of Modafinil increased from 2.1% to 5.5 in two years [4]. A study concludes that the use of Modafinil as a lifestyle drug is expanding due to its off-label benefits. Its distinct pharmacology and safety profile encourage healthy people to use it often. 

The factors contributing to the popularity of getting Modafinil and its brand drug online include-

  • Buying Modalert or Provigil online is much more convenient than getting it from a pharmacy.
  • It is time-saving and hassle-free.
  • The cost of Modafinil is comparatively cheaper online. 
  • Whether you want to get Modafinil or not, it's your call in online pharmacies. Whereas, when you visit a doctor, there is no guarantee that you will be given a Modafinil prescription. 

With numerous online pharmacies emerging, finding the right Modafinil vendor can be overwhelming. So we break down the crucial factors noted by the FDA for one to consider before ordering Modafinil online [5]. 

  • Choose a licensed pharmacy. 
  • Do not provide your personal information, such as your card details. 
  • Ensure they have provided their privacy, shipping, and refund policies. 
  • Check their reviews to get an idea of their services. 
  • It is best to choose pharmacies with visible contact details. It will help you reach out to them in case of queries and order details. 

 

Generic Modafinil Cost In The USA

The cost of generic Modafinil depends on the factors mentioned earlier. Getting it online is a much cheaper option than local pharmacies. However, to get a clear idea of the Modafinil prices in the USA, taking into consideration prominent retailers such as Walmart and Costco is essential. 

Modafinil Price at Walmart

Our extensive research exhibits that Modafinil tablets are not available online at Walmart; however, they retail other brain stimulants. You must visit the store with your prescription to buy Modafinil from Walmart. It is essential to note that Modafinil is a Schedule IV prescription medication and is not available over the counter. As stated by a Reddit user, the cost of Modafinil at Walmart is $400 to $500 [6]. 

Modafinil Price at Walmart

Modafinil Price Costco

Like most US pharmacies, Costco does not retail Modafinil without a prescription. However, its prices are much more affordable at Costco compared to CVS pharmacy and Walmart. Most Quora users express the Modafinil price at Costco to be around $38 for 30 pills. She also states that Modafinil is available at Walgreens for $600 for 30 pills [7]. 

 

Tips To Save Money When Buying Modafinil

Who wouldn’t love to save extra bucks on prescription medicine? With the cost of healthcare skyrocketing, these saving tips when buying Modafinil can be a deal changer. Now that we know how much modafinil costs, here is what you can do to save that extra dollar. 

Choose Modafinil from India-

Indian pharmaceutical companies such as HAB Pharma and Sun Pharma are one of the leading manufacturers of generic Modafinil. These companies manufacture generic medicine with similar active compounds, producing identical benefits. This is why generic drug showcases equivalent efficacy and potency at a much cheaper rate than Cephalon. The main difference between the generic and brand names is their price.

While Modalert or Provigil costs $30 to $ 60, Sun and HAB pharma prices are $0.79 to $2.99 per pill. 

Order in Bulk-

Most online pharmacies grant a bigger discount on bulk orders. So, the more you buy, the higher your savings. Healthnaturo offers packages of 100 to 300 pills at $1.25 per tablet. Bulk orders also have you save on shipping fees. 

Loyalty discounts -

Most pharmacies provide additional offers and discounts to their returning customers, and so does Healthnaturo. We offer an additional 100 free pills on bulk orders of 400 tablets and 30 pills on other packages. 

Look for Modafinil Coupons -

Apart from the discounts and offers available on pharmacy websites, numerous customer-tailored coupons help further slash the cost of Modafinil. There are also third-party coupon sites that help save on medicines. 

 

Modafinil Vendor- Where To Buy Modafinil In The USA?

Most insurance companies will ask for a sleep lab test report before covering its cost. Therefore, it can be challenging to get insurance coverage for Modafinil. So, should you spend $30 per Modafinil tablet? 

Healthnaturo is an online Modafinil vendor retailing genuine products at the best price. People can buy Modalert 200mg online from Health Naturo without a prescription at the same price as your insurance coverage- $1.2 per pill. Compared to prominent retailers in the USA, such as CVS, Walmart, and Walgreens, Healthnaturo offers cheap Modafinil. 

So, How do we make it possible? 

  • We directly retail our products from the manufacturer, which ensures quality and affordability. 
  • We bear the shipping cost; thus, our customers only pay for the medicine. 

The key features that set us apart are-

Buy Modalert online

  • Additional festive offers 
  • Transparent policies
  • Genuine Products 
  • 24X7 customer support 
  • Easy Return Policy 
  • Safe Payment gateway through PayPal, Mastercard, and all credit and debit cards. 

 

Understanding Why Is Modafinil So Expensive- Our Final Verdict 

The high cost of Modafinil depends on numerous factors, but if you are looking for the cheapest Modafinil option, then getting it from an online pharmacy would be the best option. Even if you purchase Modafinil from more affordable retailers like Costco, you still have to pay your physician for a prescription. Unlike local pharmacies, online vendors let you get cheap and genuine Modafinil without a prescription. They also offer additional royalty benefits to their long-term returning customers. 


FAQ's

Modafinil at Walmart is $400; Walgreen is $600; Costco is $38, and Healthnaturo is $1.2 per tablet.

Modafinil without insurance costs $14 to $30 per tablet and about $3 with insurance. However, it is much cheaper online and is retailed at $1.2 or less.

Yes, compared to most Nootropics and general medicine, Modafinil is an expensive drug.

Insurance pay for Modafinil only if it is taken for prescription purposes, such as Narcolepsy and obstructive sleep apnea. Some insurance may also cover the cost of Modafinil after a sleep lab test report.

The monthly cost of the Provigil or Modafinil brand may be about $70 to $90 online and $400 to $500 from your local pharmacy.

Modafinil is a schedule IV prescription drug and cannot be bought over the counter. It is, however, retailed without a prescription in most online pharmacies, including Healthnaturo.

Provigil is available as a generic Modafinil and is much cheaper than its brand versions.

Adderall is similar to Modafinil and is a central nervous system stimulant. They showcase identical benefits and properties and are listed as a controlled substances by the DEA.

  • It is an expensive Nootropic. 

  • The Nootropic may cause dizziness, drowsiness, blurry vision, agitation, nausea, palpitation, and excessive breathing in some users. 

  • Modafinil can cause drug interaction if co-administered with 449 medicines, namely, Xanax, antibiotics, cough drops, Adderall, etc. 

  • It can cause sleep issues such as insomnia in people administering it later in the day. 

 

Other Nootropics similar to Modafinil include Armodafinil, Citalopram, Zoloft, Wellbutrin XL, and Prozac.

Modafinil is a brain stimulant proven to effectively treat signs of excessive daytime sleepiness associated with Narcolepsy and obstructive sleep apnea. It is approved by the FDA and is similar in efficacy and action to Adderall.

Choosing Modafinil over Adderall is a better option as it is a milder Nootropic with lower abuse potency.

Modafinil is not available over the counter. It should be purchased with a valid medical prescription.

According to the National Medical Productions Administration (NMPA), Modafinil is not legal in China. It means that you will not get a prescription for Modafinil in China. Also, a few reputable online vendors retail Modafinil.


References-

  1. Rx Price Watch Report: Trends in Retail Prices of Specialty Prescription Drugs Widely Used by Older Americans, 2006 to 2020, aarp.
  2. Jessica's story: No help from Cephalon for cost of Provigil, communitycatalyst. 
  3. Modafinil Prices, Coupons & Savings Tips - GoodRx
  4. The availability and acquisition of modafinil on the internet, onlinelibrary
  5. Quick Tips for Buying Medicines Over the Internet, FDA. 
  6. COSTCO generic modafinil for around $1/pill (200mg), Reddit. 
  7. Why Modafinil is so expensive?, Quora.