Detailed text transcripts for TV channel - FOXNEWS - 20190122:19:47:00
Price increases in brand name medications are largely driven by existing drugs, not new products. >> it's not about innovation. it's about inflation in existing product. >> reporter: analyzing wholesale prices for nearly 28,000 prescription drug, university of pittsburgh researchers found the cost of brand name oral medications rose more than 9% each year between 2008 and 2016. the average price of injestable drugs rose more than 15% each year. between 2015 and 2018, the cost of lyrica, a nerve pain medication increased from $4.80 to $7.43 per pill. according to an associated press analysis. >...