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Drugmakers Increase U.S. Prices on Over 250 Medicines Starting January 1

share-iconTuesday, December 31 comment-icon3 weeks ago 6 views
News sources:
reutersREUTERS
Drugmakers Increase U.S. Prices on Over 250 Medicines Starting January 1

Credited from: REUTERS

  • Drug manufacturers intend to raise prices on over 250 branded medications starting January 1, 2025.
  • The median price increase is approximately 4.5%, consistent with last year's trends.
  • Most price hikes are below 10%, and list prices do not reflect potential rebates or discounts.
  • Companies are responding to previous criticisms and regulatory pressures regarding high drug costs.
  • Increased prices come alongside planned price cuts from some companies, such as Merck, for specific diabetes medications.

For more details, visit the original source.

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Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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