How the PMI Is Calculated
The Formula
The PHARMAX Mispricing Index is a number between 0 and 100. The bigger the number, the more of your prescription is markup. That is the entire pitch. The rest of this page is the receipts.
A PMI of 40 means the international generic equivalent costs 60 percent of the US private-pay rate. A PMI of 90 would mean the international price is one-tenth of the US price. We cap the index at the observed market range and do not extrapolate.
Four-Step Methodology
Source US private-pay prices
We pull cash-pay prices from GoodRx, RxSaver, Walgreens cash, CVS cash, and manufacturer WAC, Wholesale Acquisition Cost. Where multiple data points exist for the same molecule and dose, we use the median, not the cheapest coupon.
Source international generic prices
We sample international generic equivalents from licensed retail registries in Singapore, the UK, Canada, and the UAE. For each molecule we cross-check at least three independent listings including AllDayChemist, Inhousepharmacy, Sun Pharma export portal, and PHARMAX. We do not endorse any vendor. We use them as price observations.
Exclude outliers
We drop the top and bottom listing for each molecule before averaging. Promotional pricing, bulk-only listings, and unregistered grey-market sources are excluded. If only one credible international source exists, we mark the entry experimental and exclude it from headline rankings.
Monthly republish cycle
The full index is recomputed on the first of every month. Prior months are archived but never edited. A changelog entry accompanies any methodology revision.
Data Sources
- GoodRx public coupon
- RxSaver public coupon
- Walgreens cash retail
- CVS cash retail
- NADAC, CMS
- Manufacturer WAC
- AllDayChemist, IN
- Inhousepharmacy, VU/UK
- Sun Pharma export portal
- PHARMAX retail
- HSA Singapore licensed
- UK NHS tariff comparator
We do not recommend purchase. We do not provide medical advice. We do not gate-keep importation legality. The PMI is a transparency tool, not a buying guide. Speak to a licensed clinician about what to take. Speak to qualified counsel about what may legally be imported.
Editorial disclaimer. Rx Price Tracker publishes price observations for research and journalism. We accept no advertising, no affiliate commissions, and no pharmaceutical or PBM funding. Errors are corrected on the next monthly republish.
Publisher's note. Rx Price Tracker is funded by PHARMAX, one of the international pharmacies whose prices we publish on this page. PHARMAX does not control which molecules we cover, which competitors we include, or which corrections we issue. Every price observation links to its source URL and capture date. The data is reproducible. We track the gap because pricing transparency works in any direction.