"Once a drug has been approved by the FDA, there are minimal additional research and development costs so drug companies cannot justify price increases by claiming research and development costs." The study did not examine why prices of existing drugs have gone up, but the researchers say a ...
Drug spending spiked recently, hitting $457 billion in 2015. In 2014, the cost was up 12.6 percent from the year before. Growth in 2015 was largely attributable to higher drug prices and an increase in the number of prescriptions per person,according to a reportreleased earlier this month by...
And prescription drug prices are rising even faster than general health care costs. A recently published report found that prescription drug prices increased at an annual rate of 8.3% from 2006 through the beginning of 2010, significantly faster than the 3.8% annual increase in overall health care...
(5) How did this increase happen? Reasons for the Rise Analysts and politicians have cited many factors--including greed, FDA regulations and the Affordable Care Act--but industry experts attribute price increases for these medications to consolidation, shortages in ingredients and decreased ...
Americans pay an average of abouttwice as much for prescription drugsas those and other modern nations. The high cost of drugs is largely accountable for rising health care expenses in the country. In Europe, the government regulates drug prices based on the benefit they provide to pa...
medicines, were recalled after learning that PPA increases the risk of hemorrhagic stroke, orbleeding in the brain. Another example is theweight loss drugsibutramine(Meridia). Meridia was recalled from the U.S. market in 2010 after it was found to increase a person's risk ofheart attackand...
The prescription drug market provides a microcosm of the issue. Patents for new drugs are granted to allow innovative firms to charge high prices and thus encourage innovation. However, when patents are combined with insurance, the resulting prices can be exorbitant. Insurers, in an effort to cou...
It is unclear whether the DEA thinks its changes addressed the shortages. A spokesperson for the agency did not respond to multiple requests for comment. In setting this year's quotas, the DEA said it thinks its new limits will be enough for manufacturers to meet the increase in need for ...
majorities. His aggressive intervention in the economy with the American Rescue Plan was bold and successful, and he passed major bills securing, among other things, badly needed infrastructure, advanced manufacturing jobs at home, major clean energy investment, and lower prescription drug prices for ...
When you mix alcohol with medicines, whether prescription or over-the-counter, the medicines can increase the effects of the alcohol or the alcohol can increase the side-effects of the drug. Sometimes it can also result in all new side-effects. ...