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Source: Big Pharma ushers in new year with price hikes on hundreds of drugs
More than three dozen drug companies welcomed the new year with sweeping price hikes on hundreds of medicines, according to a new analysis from Rx Savings Solutions, which was first reported by The Wall Street Journal.
The drugs that saw list-price increases on January 1 ranged from generics and blood-pressure drugs to brand-name prescriptions such as the dry-eye treatment Restasis. The average price jump blew past inflation at 6.5 percent, with some medicines seeing double-digit increases—bucking many drug companies' vows to keep such periodic hikes under 10 percent.
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Big Pharma Ushers in New Year With Price Hikes on Hundreds of Drugs
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Croll's Query:
If tin whistles are made of tin, what are foghorns made of?
(Score: 2) by bzipitidoo on Thursday January 03 2019, @08:59PM (1 child)
Not at all pointless. The possibility of universal healthcare is at the least a threat to their profits. We can do any amount of regulating up to nationalizing all our drugs, and they know that.
So they're testing us. Giving the nation a little prod in the butt. The hard swift kick of hiking Daraprim and EpiPens by much, much more than a mere doubling, was too much, so they've toned it down a little. The question is, are we going to give them some consequences for their anti-social actions?
(Score: 2) by The Mighty Buzzard on Thursday January 03 2019, @11:02PM
Yes, we absolutely should. I'm all in favor of fixing the causes instead of demanding radical treatment of the symptoms.
My rights don't end where your fear begins.