"Rising Drug Prices: Over 700 Medications, Including Ozempic, See Increases"
TL;DR
Pharmaceutical companies have raised the list prices of 775 brand-name drugs so far this year, with a median increase of 4.5 percent, exceeding the rate of inflation. This comes as the federal government is trying to crack down on high drug prices, with the Senate considering subpoenas to force pharmaceutical CEOs to testify on the issue. The price hikes have sparked a Congressional investigation, with some CEOs refusing to testify and accusing lawmakers of retribution for legal action against new regulations.
Topics:businesshealthcare-pharmaceuticals#big-pharma#drug-prices#healthcare-costs#healthcare-pharmaceuticals#pharmaceutical-ceos#senate
- Big Pharma hiked the price of 775 drugs this year so far: Report Ars Technica
- Hundreds of Medications, Including Ozempic and Mounjaro, Have Increased in Price in 2024, Research Shows Yahoo Entertainment
- Ozempic, Wellbutrin and other drug prices go up Quartz
- Prices of some prescriptions drugs to go up — including Ozempic TODAY
- Drugmakers hike prices on more than 700 drugs, including Ozempic Yahoo Finance
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