Pink Sheet is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Rx DRUG PRICES AT PRODUCER LEVEL GROW 3% IN FIRST QUARTER

Executive Summary

Rx DRUG PRICES AT PRODUCER LEVEL GROW 3% IN FIRST QUARTER based on data from the Bureau of Labor Statistics' Producer Price Index. The first quarter increase indicates a moderating trend from 1987 when the first quarter producer price index for prescription drugs increased 4%. Although the December through March producer price figures are still preliminary, the 3% price increase is the smallest first quarter producer price run-up for prescription drugs in the 1980s, according to Bureau of Labor Statistics' data. With drug prices generally increasing 9-11% annually through the 1980s, first quarter producer prices for prescription drugs have historically risen 4% to 4.5%. The exception was 1984, when Rx drug prices at the producer level grew 3.7%. Drug categories showing the biggest first quarter price gains, according to the Bureau of Labor Statistics, were hormones (up 14.4%), CNS stimulants (up 8.7%), Rx cough/cold preparations (up 7.5%), vasodilators (up 6.6%), adult Rx multivitamins (up 6.4%), and Rx analgesics (up 5.3%). Despite showing the biggest price gain during the first quarter, price increases for hormones have not been steady, according to the Bureau of Labor Statistics. If the producer price index for hormones is considered for the four month period from November to March, prices rose only 1.3% Diuretic and anti-arthritic price declines during the first quarter indicated little pricing flexibility in these markets. The Bureau of Labor Statistics' figures show anti-arthritic prices at the manufacturer level falling .7% while diuretic prices edged down .6%.

You may also be interested in...



Part D Discount Liability Coming Into Focus: CMS Releases Drug Cost Data

Newly released Medicare Part D data sheds light on the sales hit that branded pharmaceutical manufacturers will face when the coverage gap discount program gets under way in 2011

FDA Skin Infections Guidance Spurs Debate On Endpoint Relevance

FDA appears headed for a showdown with clinicians and the pharmaceutical industry over the proposed new clinical trial endpoints for acute bacterial skin and skin structure infections, the guidance's approach for justifying a non-inferiority margin and proposed changes in the types of patients that should be enrolled in trials

Shire Hopes To Sow Future Deals With $50M Venture Fund

Specialty drug maker Shire has quietly begun scouting deals with a brand-new $50 million venture fund, the latest of several in-house investment arms to launch with their parent company's pipelines, not profits, as the measure of their worth
UsernamePublicRestriction

Register

PS013580

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel