"Rising Drug Prices: Over 700 Medications, Including Ozempic, See Increases"

Pharmaceutical companies have raised the list prices of 775 brand-name drugs so far this year, with a median increase of 4.5 percent, exceeding the rate of inflation. This comes as the federal government is trying to crack down on high drug prices, with the Senate considering subpoenas to force pharmaceutical CEOs to testify on the issue. The price hikes have sparked a Congressional investigation, with some CEOs refusing to testify and accusing lawmakers of retribution for legal action against new regulations.