- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Summary
Over 250 branded drugs in the U.S. will see price increases starting Jan. 1, 2025, with most hikes below 10% and a median increase of 4.5%.
Key companies like Pfizer, Bristol Myers Squibb, and Sanofi are raising prices on treatments for COVID-19, cancer, and vaccines, citing R&D costs and inflation.
Some prices, such as Merck’s diabetes drugs, will be reduced.
Critics highlight that U.S. drug prices remain the highest globally, while manufacturers face pressure to moderate year-over-year price hikes.
You must log in or register to comment.
We’re all getting 10% raises to pay for this, right?
Well, at least the people these companies employ (not just the executives) are getting 10% raises, right?
When we ask for it they scoff at us.
If the pharmaceutical executives are so confident that making these types decisions is necessary…Then why won’t they get on a podium in a public space on live TV and explain they’re reasoning to the very people it’s going to effect the most?
If it’s really that important there should be no issue with the public’s response.
That’s a bold move. We should get confirmation that the CEOs are aware of this. We should also get confirmation that they signed off on this. And a photo op with said people too, you know, for prosperity…
posterity
The pharma industry is doing the US public a service by getting people used to paying Trump’s tariffs early.
Now now, I think you know these fine American institutions won’t be passing up another opportunity to raise prices once those tariffs hit. This is a double dip.
deleted by creator
Well, the argument is that they need to cover new R&D costs
Know what industry has higher R&D costs than pharmaceuticals? Chips.
And my computers aren’t going up that much
Guess who footed the bill for all that emergency Covid R&D a few years ago? Hint - it was not the pharmaceutical companies.
deleted by creator
We fund the medicine with our taxes, we pay for the medicine with our income, we take the medicine on our time. And we get nothing but a bill and maybe the drug working, if it doesn’t ensure a new addiction racket.
Makes sense, not like anything will be done about it.
deleted by creator
Slight tangent: a drug I’m on for a nervous system condition used to cost me $400 a month copay when I lived in the states. Now it’s €0.37 here in Portugal. Yup. 37 cents.
I guess they don’t have inflation in Portugal.
The line must go up. Doesn’t matter that homelessness increased 18% in 2024 in the US. They need that third home and a yacht.
They won’t even spend the money. It just builds up.
Its almost like dragons and thier hoards. Just keep piling it up…
But they’re not magestic like dragons. Still close… Lizard people? Cold blooded. Predatory. It tracks.
Huh. Wonder if that’s where the Icke stuff comes from. A line drawn from dragons.
Somebody did the math already; Bezos alone has more money than is depicted in Smaugs hoard in The Hobbit
See, this is why “Biden brought down drug prices. For 10 drugs. For Boomers only.” Isn’t a win.
“But did you think those boomers needed to pay $5 less for medicine? That’s a win! Now let’s have millions die of preventable illness because healthcare is a heavy tax burden on the middle class.”
What a bunch of greedy bastards. Can’t imagine why they’re so widely and intensely hated.
Does anyone know where to find a list of the drugs? Because I’m not turning one up.
removed by mod
