Drug prices steadily rise amid pandemic, data shows

Politico

7 July 2020 - Some drugmakers have delayed or staggered increases amid increased scrutiny and the fear of catching President Donald Trump’s eye.

Pharmaceutical companies logged more than 800 price increases this year, and adjusted the cost of 42 medicines upward by an average of 3.3% so far in July, according to GoodRx, which tracks the prices consumers pay at pharmacies. 

While the size of that increase is not out of line with past years, the number of branded drugs seeing hikes this month was higher than last year.

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Michael Wonder

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Michael Wonder