Drug price inflation
Annual inflation rate for the top-selling prescription drugs sold in community pharmacies was 5.9% in the third quarter of 1992, according to the NACDS Prime Index of Drug Prices. NACDS noted that the "annual rate of increase in prescription drug prices for the last four quarters were lower than at any time during the last five years." The average price increase was 5% for those products whose prices were raised during the third quarter, NACDS reported.
You may also be interested in...
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 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
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