AXIOS January 2, 2024
More than 500 drugs are expected to see price increases early this month, according to a new analysis.
Why it matters: Drugmakers are more likely to raise or lower drug prices around the start of a new year, but the practice may get more scrutiny as the Biden administration conducts the first-ever Medicare drug price negotiations and cracks down on companies that hike drug prices faster than inflation.
Driving the news: The tally of expected price hikes comes from Reuters’ report on an analysis from health care research firm 3 Axis Advisors.
- Price increases in recent years have usually averaged around 5%-6%, amid public backlash over...
Today's Sponsors
Today's Sponsor