Big Pharma just hiked prices for more than 250 drugs

Big Pharma just hiked prices for more than 250 drugs

Pharmaceutical companies are raising the price of over 250 brand drugs this year.Read more...

Big Pharma Just Hiked Prices For More Than 250 Drugs

By Bruce Gil Pharmaceutical companies are raising the price of over 250 brand drugs this year. Suggested Reading Results are in for a new depression drug trial, and they’re cratering this stock This is how airlines are dealing with the New Orleans terror attack chaos This state is leading the charge in fighting retail crime. Here’s how Nearly all the price increases are under 10%, with the median increase across all the affected medica…

Biopharma to raise more than 1,000 drug prices in 2025, advisory firm predicts

Drugmakers are expected to increase list prices on more than 1,000 medicines this year, and already raised the prices on about 250 drugs on Jan. 1, according to an analysis by the consultancy firm 3 Axis Advisors.

US pharma firms raise drug prices

Pfizer has raised the price of Paxlovid, the anti-COVID medicine, by 3 per cent, the migraine treatment, Nurtec, and cancer drug Adcetris between 3 per cent and 5 percent. The company’s spokesperson Amy Rose said that the increases were needed to support drug development and meet the costs. She has however said that the list of medicines whose prices have been increased – there are 60 – has been adjusted to stay below the inflation rate of 2.4 p…