Big Pharma hiked the price of 775 drugs this year so far: Report

Enlarge / Sen. Bernie Sanders (I-Vt.). Getty | Chip Somodevilla /

Pharmaceutical companies have raised the list prices of 775 brand-name drugs so far this year, with a median increase of 4.5 percent, exceeding the rate of inflation, according to an analysis conducted for the Wall Street Journal.

Drugmakers typically raise prices at the start of the year, and Ars reported on January 2 that companies had plans to raise the list prices of more than 500 prescription medications. The updated analysis, carried out by 46brooklyn Research, a nonprofit drug-pricing analytics group, gives a clearer picture of pharmaceutical companies’ activities

→ Continue reading at Ars Technica

Related articles

Comments

Share article

Latest articles