Why the cheapest pharmacy might be the most expensive mistake
The same medication costs ₦5,000 at one pharmacy and ₦12,000 at another. Here's how to find the best price every month without visiting 10 pharmacies.
The same three medications, from verified pharmacies, with wildly different pricing:
| Medication | Lowest offer (₦) | Highest offer (₦) | Difference |
|---|---|---|---|
| Amlodipine 10mg (30 tab) | ₦3,000 | ₦8,000 | 167% |
| Atorvastatin 20mg (30 tab) | ₦3,500 | ₦9,000 | 157% |
| Metformin 500mg (60 tab) | ₦2,000 | ₦5,500 | 175% |
| Monthly total (3 drugs) | ₦8,500 | ₦22,500 | 165% |
That's a potential annual saving of ₦168,000 by simply choosing the lower-priced offer each month. Both pharmacies are licensed, NAFDAC-verified, and selling the same product. The only difference is the price.
Why prices vary so much
Different suppliers: Pharmacies buy from different wholesale distributors at different prices. One pharmacy's Atorvastatin might cost them ₦3,000 wholesale; another's costs ₦5,000 because they use a different distributor.
Different margins: Some pharmacies operate on 20% margins, others on 50%. Location-driven: pharmacies in high-rent areas charge more.
Stock-out premiums: When stock is scarce, the pharmacies that have it charge more. Supply and demand in real time.
Brand vs generic: Branded Lipitor costs 2–3x more than generic Atorvastatin from a verified manufacturer. Both contain the same active ingredient at the same dose. Your doctor can confirm if a generic is suitable.
How Famasi finds the best price
When you select a medication, we check pharmacies in our network near your delivery address. You see:
- Multiple price offers from different pharmacies for the same medication
- Brand and manufacturer details so you know exactly what you're comparing
- Delivery time: same-day, 1-hour from each pharmacy
- NAFDAC registration: only verified products
Lock in pricing with a subscription
Subscribe for 3, 6, or 12 months and your medication price is locked. No more monthly surprises:
- Locked pricing: your rate stays the same regardless of market fluctuations
- 5% discount on every order
- Free delivery: no additional delivery fees
Speak with a Care Specialist to compare pricing for your medications.