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Drugprices

All articles tagged with #drugprices

health2 years ago•2 min saved

"2024: The Year of Revolutionary Weight-Loss Treatments and Healthcare Shifts"

The US health care system is poised for significant changes in 2024, with the potential CRISPR revolution and a new approach to drug pricing that could reshape the industry. Innovations include effective weight-loss drugs and a growing acceptance of psychedelics like MDMA for PTSD and esketamine for depression, with MDMA showing promising trial results. Additionally, 2024 will introduce new price limits on drugs covered by Medicare, signaling a shift in how drug costs are managed.

via Slashdot|

##crispr #drugprices

health-and-finance2 years ago•1 min saved

"2024 Drug Price Surge: Pfizer Leads as Medicare Negotiates Amid Legal Battles and Inflation Act Effects"

Major pharmaceutical companies like Pfizer, Sanofi, and Takeda are planning to raise prices on over 500 drugs in the U.S. in January 2024, ahead of the Biden Administration's move to publish discounted prices for certain high-cost drugs in September. This comes as the industry grapples with high inflation and manufacturing costs. However, some companies, including GSK, plan to reduce prices on a number of drugs. Despite the inflationary environment, drug price increases have been kept below 10%, with a median increase of around 5% since 2019, reflecting a more cautious approach by drugmakers amidst changing policies and negotiations with Medicare.

via Yahoo Finance|

##drugprices #health-and-finance