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Generic Drug Average Annual Price Increase Is Four Times Inflation – AARP

This article was originally published in The Pink Sheet Daily

Executive Summary

The AARP “Watchdog” report on generic drug prices calculates the average annual increase in list prices as 8.7% from 2001 to 2003. The annual rate of general inflation for the same period was 2.2%. About half of the 75 drugs sampled either had no price change or decreased in price.
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