Fierce Healthcare January 5, 2021
Since the start of the year, nearly 600 drugs have seen price hikes, according to new data from GoodRx.
So far in January, 589 drugs have had price increases, with an average jump of 4.2%. Of those, 582 are branded products and seven are generics, GoodRx found.
“Amidst the worst of the pandemic, drug prices continue to rise,” Tori Marsh, director of research at GoodRx, wrote in the blog post. “Each year, in January and July, manufacturers raise the list price of their medications, and we predict that this year will be no different.”
By comparison, in January 2020, 639 drugs saw price hikes, averaging 6%. In January 2019, 482 drugs saw increases averaging 5.2%.
The price increases tracked by...