Nearly 1K drug prices rose in January

So far in 2023, pharmaceutical companies have raised prices on 988 brand-name drugs for an average 5 percent wholesale acquisition cost increase, according to 46brooklyn Research, a nonprofit that tracks drug pricing data. 

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This is the highest number of January drug price increases since 2011, its dashboard shows. More than 600 of them don’t have generic alternatives.

The dashboard published list changes — not prices — and “it doesn’t capture the variable, completely hidden and ever-growing rebates shuffling around in the dark,” the research firm’s website says. “But it’s a start.”

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