Drug prices increase 5.6% as Government ramps up pressure to lower costs

Wall Street Journal

2 February 2023 - Restrained increases come as US implements the Inflation Reduction Act.

Pharmaceutical companies raised list prices of 983 arthritis, cancer and other prescription drugs by an average of 5.6% at the start of this year—restrained increases as the industry faces a new federal law aimed at lowering medicine costs.

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing