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Pharmaceutical companies hiked the price of 775 drugs this year so far, including Ozempic and Mounjaro — exceeding the rate of inflation (arstechnica.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Pharmaceutical companies hiked the price of 775 drugs this year so far, including Ozempic and Mounjaro — exceeding the rate of inflation::Meanwhile, Senate to consider subpoenas to force pharma CEOs testify on prices.

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[–] Catoblepas@lemmy.blahaj.zone 12 points 9 months ago (1 children)

Probably none, because it implies prices wouldn’t have risen this year beyond inflation without the IRA.

[–] CaptainSpaceman@lemmy.world 0 points 9 months ago (1 children)

I think the point is, are they making up for Insulin price cap by hiking everything else up by insane amounts?

I dont think theyre arguing greedflation wouldnt happen by pharma, just is it more than expected due to IRA?

[–] Tremble@sh.itjust.works 4 points 9 months ago

They would do it anyway. That is the point.