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Big Pharma Ushers in New Year With Price Hikes on Hundreds of Drugs

posted by takyon on Thursday January 03 2019, @06:22PM   Printer-friendly
from the same-old-new-year dept.

MrPlow writes:

Submitted via IRC for SoyCow1984

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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  • (Score: 2, Informative) by Anonymous Coward on Thursday January 03 2019, @11:58PM (2 children)

    by Anonymous Coward on Thursday January 03 2019, @11:58PM (#781782)

    a Canadian speaking, our system is both great and terrible. it is great when you have urgent (think car accidents, or appendectomy ) or major ( organ transplant, cancer)
    it terrible for minor ailment and it suck to wait a few weeks for initial imaging to get into the system for a problem. but I think it is way better to received free world-class treatment for cancer and the like and to lose half a day for something minor than being able to cheaply and quickly see a doctor for minor ailment and having to take a new morgage if I ever got cancer....

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  • (Score: 2) by The Mighty Buzzard on Friday January 04 2019, @01:06AM

    by The Mighty Buzzard (18) Subscriber Badge <themightybuzzard@proton.me> on Friday January 04 2019, @01:06AM (#781819) Homepage Journal

    And I respect you folks' right to choose that. I don't want it here though.

    --
    My rights don't end where your fear begins.

  • (Score: 2) by Gaaark on Friday January 04 2019, @02:28AM

    by Gaaark (41) on Friday January 04 2019, @02:28AM (#781857) Journal

    Yup: between my son being born 2.5 months early and my wife's 3 cancer scares (hysterectomy, breast biopsy we're still awaiting results for, and her blood being wonky, possibly leukemia??) my family would probably be bankrupt if we weren't Canadian.

    Dog bless Canada.

    --
    --- Please remind me if I haven't been civil to you: I'm channeling MDC. ---Gaaark 2.0 ---