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# Drug Companies Expected to Hike Prices
- URL: https://www.fdaweb.com/drug-companies-expected-to-hike-prices/
- Published: 2023-01-04T12:00:00.000Z
- Updated: 2026-09-14T18:10:37.000Z
- Author: David McFarland
- Tags: Drugs, #legacy-id-D5153469

Major drug companies are expected to raise prices on more than 350 drugs early this month, according to a Reuters exclusive report. The news service [says](https://www.reuters.com/business/healthcare-pharmaceuticals/drugmakers-raise-prices-least-350-drugs-us-january-2022-12-30/?ref=fdaweb.com) that in 2022 drug companies raised prices on more than 1,400 drugs, with a median increase of 4.9% and an average increase of 6.4 %. The increases are on list prices and do not include rebates to pharmacy benefit managers or other discounts, Reuters says.