Price hikes on these top-selling drugs were a lot smaller this year, STAT analysis finds

Stat News

27 December 2017 - Average annual price increases have declined at least four years in a row for 20 of America’s top-selling brand-name prescription drugs, according to a STAT analysis of data from Truven Health Analytics, an IBM Watson business.

The data suggest that public and political outrage over the high cost of vital medicines may be swaying corporate strategies. Price growth was especially low in 2017 — perhaps due, in part, to peer pressure, as several top pharma companies have made public pledges to limit price hikes.

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Michael Wonder

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Michael Wonder

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Medicine , Pricing , Affordability , Costs