Unsupported Price Increases Account for $815 Million Rise in U.S. Drug Spending in 2023

Reported 1 day ago

In 2023, unsupported price hikes for five of the top ten drugs significantly contributed to an $815 million increase in U.S. drug spending, according to the Institute for Clinical and Economic Review (ICER). While half of these drugs had price increases supported by clinical evidence, the others, including Johnson & Johnson's Darzalex, did not. This trend highlights ongoing concerns regarding the rising costs of medications, as many prices continue to outpace inflation.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis