As outrage over high drug prices has intensified over the past several years, drug companies took what seemed like a bold stand at the time: They would keep price increases below 10% annually. For the most part, they have kept their promise—but they’ve pushed the price hikes to the limit, with a burst of price hikes between 9% and 10% since the end of January 2018.
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Yet another brand-name drug manufacturer is dramatically raising their prices.
In recent years, we’ve seen numerous cases of manufacturers increasing brand drug prices at an astronomical rate without any reasonable explanation. The makers of life-saving drugs like EpiPen (epinephrine), Nitropress (sodium nitroprusside), and many popular insulins have dramatically increased prices, causing some patients to go without treatment or turn to the black market. See More