Since 1976, more than 120 medications have switched from prescription to over-the-counter availability. According to the Consumer Healthcare Products Association, these ingredients, indications and dosages in the Rx-to-OTC pathway include antihistamines, nasal decongestants, analgesics and much more.
In addition to these switches, there have been many product developments over the years that were launched as OTC products. The CHPA, citing its study with Nielsen, reported sales of OTC medicines at retail totaled nearly $37.7 billion in 2021. The sales drove considerable health care savings. In its 2022 Over-The-Counter Value Study, the CHPA reported that 82% of consumers who treat their symptoms with OTC medicines would have sought professional medical treatment if the OTC item had not been available. The study noted that OTC drove $56.8 billion in drug cost savings and $110.3 billion in cost savings from unneeded doctor’s visits.
This years winners of Rex Awards:
Bio True Multi-Purpose Solution (Bausch + Lomb)
Wax Rx Ear Wash System (Doctor Easy)
Herpecin L Pain Relief-Maximum Strength (Focus Consumer Healthcare)
Prospan Cough Liquid (Mega Labs USA)
Medicine-Infused Compression Sleeves for Pain (Nufabrx)
Sambucol 5 in 1 Intense Defense (Pharmacare US)
Probiotics for Dog's & Cat's Mouth (Pro Biora)
Alocane Maximum Strength Burn Spray (Quest Products)
Tender Lovin'Diabetic Wound Care (Total Resource International)
Xlear Cough Drops & Nasal Sprays (Xlear)
SOURCE: Drug Store News 3/27/23