Summary
Over 250 branded drugs in the U.S. will see price increases starting Jan. 1, 2025, with most hikes below 10% and a median increase of 4.5%.
Key companies like Pfizer, Bristol Myers Squibb, and Sanofi are raising prices on treatments for COVID-19, cancer, and vaccines, citing R&D costs and inflation.
Some prices, such as Merck’s diabetes drugs, will be reduced.
Critics highlight that U.S. drug prices remain the highest globally, while manufacturers face pressure to moderate year-over-year price hikes.
Kia Ora. This is in one of the yet to rebranded to Woolworths Countdown supermarkets in New Zealand.
Thank you!
Countdown? Nobody on Wiki or that one social news site has talked about the origin of that name from what I can tell. Countdown what?