Drugmakers hiked prices for hundreds of drugs in early January

[BumRushDaShow]

Source: NPR

January 14, 2025 12:19 PM ET


Drugmakers raised the list prices on 575 name-brand drugs in just the first two days of the new year, according to drug price research firm 46brooklyn. Drugs for diabetes, HIV, cancer saw price hikes, among others.

For years a 10% annual price hike was fairly normal, but they've started coming down in recent years. This year's median price hike so far is only 4%, says Antonio Ciaccia, CEO of 46brooklyn.

"While it's early, if that number held throughout the year, that would make it the lowest median price increase in over a decade," says Ciaccia.

January is typically a popular time to raise prices on brand name drugs, but companies can raise them throughout the year. There could even be more later this month, he says.

Read more: https://www.npr.org/sections/shots-health-news/2025/01/14/nx-s1-5250174/drug-prices-rise-drugmakers

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Link to NEWS REPORT - Unpacking the first 590 brand drug list price changes of 2025

REFERENCE - https://www.democraticunderground.com/10143364765

[sakabatou]

1. Now watch Dump make the claim he'll bring down drug prices

Then later claim that he can't. That and/or drug companies bring down prices on their own.

[turbinetree]

2. Think that maybe we need a national health care plan............greed is not good..........

[DENVERPOPS]

3. Of course they did...........

I am surprised they didn't do it on November 7th to get additional bonuses for the CEO's and Executives in their year end bonuses....