About those drug price hikes…

  • Pharma is starting 2019 with a slew of price hikes, affecting more than 1,000 medications.
  • The average increase amounts to about 6 percent.
  • Price increases do not directly translate to increased profits. Most of the increases are on list price, or wholesale acquisition cost and are lost through a competitive rebating and contracting process with insurers, pharmacy benefit managers and the government, among others.
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