Are you looking to learn more about drug pricing but don’t know where to start? Here’s a comprehensive guide that will provide clarity on this crucial issue. Drug prices in the United States are among the highest in the world, 3.44 times more expensive than the median price in other...
Read More... Nov 10, 2022Prescription & Medication Blog - Pharmaceutical Industry News
Prescription drug prices are rising more exorbitantly than the rate of inflation. Here are the culprits behind the rising costs of prescription medication. The price of prescription meds in the U.S. has risen dramatically over the past couple of years. This has little to do with inflation rates,...
Read More... Oct 20, 2022Inflation directly affects the prices of prescription drugs in the U.S., but the Inflation Reduction Act can help combat the soaring prices and make them accessible to patients. According to a 2022 survey , one in three adults says they haven’t taken prescription medications due to the...
Read More... Oct 04, 2022Prescription drug prices are on the rise, and patients will be forced to pay higher prices for the medications they need. Find out how you can navigate – and potentially avoid – cost inflation. Over the past several years, there has been a dramatic uptick in spending on prescription...
Read More... Sep 27, 2022Among all developed nations, Americans pay the highest prices for prescription drugs. Here are the main reasons prescription drugs are so expensive in America. The cost of prescription medication in the U.S. has been on the rise for years. Between 2019 and 2020 , the price of most prescription...
Read More... Sep 14, 2022Key Takeaways Most Americans support Medicare price reductions for prescription drugs Many Americans believe the government should be involved in setting price limits for prescription drugs Drug manufacturers and Big Pharma lobbyist groups have argued that lowering the prices of prescription...
Read More... Jun 29, 2022Few prescriptions can be called cheap, but some drug expenses are stratospheric. Here are the nation’s most expensive drugs. Here’s a fact that’s hard to swallow: U.S. prescription drug prices are more than twice as expensive as those in other developed countries,...
Read More... Mar 30, 2022For decades, the U.S. has spent more on prescription drugs per citizen than any nation in the world. It’s taking its toll. Nearly one in three adults in the U.S. have skipped medication doses or elected not to fill a prescription because of the cost. Prescription...
Read More... Nov 25, 2021A new authorized generic of Eli Lilly’s insulin drug Humalog (insulin lispro) will soon be available in US pharmacies at half the price of the branded equivalent. The pharmaceutical giant made the announcement on March 4th 2019, asserting that the introduction of an alternative insulin option...
Read More... Mar 15, 2019Pharmaceutical giant Merck has reiterated it’s commitment to responsible drug pricing, pledging not to increase the average net price of its products by more than annual inflation. Last year, the company published its second annual Pricing Action Transparency Report, which demonstrated...
Read More... Jul 26, 2018Pharmaceutical giant Pfizer has raised the price of more than 40 of its medications, including cholesterol-lowering medicine Lipitor (atorvastatin) and erectile dysfunction drug Viagra (sildenafil). It is the second time the company has announced price increases this year, having raised the price...
Read More... Jul 11, 2018