Drug Companies Expected to Hike Prices
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 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.