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Prescription drug price increases: 375 for Jan 2023, 1,400 in all of 2022

Reuters - Dec 30, 2022

Note: With new law. Medicare might be able to have price caps in Jan 2026.
BigPharma appears to want to get all their increases in before then

In 1984 Pharma lobbyists got a law passed that handcuffed Medicare on negotiating competitive drug prices

Extremely Big Pharma - many studies
- in 2002 10 Pharmaceutical companies combined made more than the other 490 Fortune 500 companies - $35.9 billion vs $35.7 billion
- ROI: $44 profit for every $1 spent
Insulin prices and usage are soaring
FDA drug section gets 75% of its income from Big Pharma - Oct 2022
The FDA, CDC and most other Western govt. regulators only approve patented, profitable, COVID-19 treatments - June 2022
New FDA head chosen because he had the fewest ties to big Pharma - Nov 2021

Prescription drug price increases: 375 for Jan 2023, 1,400 in all of 2022

1149 visitors, last modified 08 Jan, 2023,

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