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Prices for new US drugs rose 35% in 2023, more than the previous year

Pharmaceutical companies last year launched new US drugs at prices 35 per cent higher than in 2022, reflecting in part the industry's embrace of expensive therapies for rare diseases like muscular dystrophy, a Reuters analysis found. The median annual list price for a new drug was US$300,000 (S$402,900) in 2023, according to the Reuters analysis of 47 medicines, up from...
United States Dana Goldman Brian Connelly Dan Ollendorf Health Policy Economics Drug Administration

Analysis-Prices for new US drugs rose 35% in 2023, more than the previous year

Pharmaceutical companies last year launched new U.S. drugs at prices 35% higher than in 2022, reflecting in part the industry's embrace of expensive therapies for rare diseases like muscular dystrophy, a Reuters analysis found. The median annual list price for a new drug was $300,000 in 2023, according to the Reuters analysis of 47 medicines, up from $222,000 a year earlier. In 2021, the median annual price was $180,000 for the 30 drugs first marketed through mid-July, according to a stud...
United States Deena Beasley Regeneron Veopoz Brian Connelly Dan Ollendorf Dana Goldman
Source: yahoo.com

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