New Report Notes 65 Prescription Drug Increases in July 2021, 800 in January

65 drugs have increased in price this month by approximately 3.5%. GoodRx identified drug manufacturers, which include Pfizer, Bristol Myers Squibb, Novartis, and Sanofi, that upped their products’ prices. Some experts expected fewer price increases due to the COVID-19 pandemic. However, price tags of more than 800 prescription drugs increased in January 2021.

GoodRx’s Tori Marsh notes, “Some may argue that since these are list prices and don’t include discounts and patient assistance programs, they won’t mean anything for patients at the pharmacy counter, adding, “But the people who will feel pain in their wallets will be financially vulnerable patients with high deductibles or those with no insurance.” Read more here.

(Source: Noah Higgins-Dunn, Fierce Pharma, 7/15/21)