reuters.com
www.reuters.com

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.

    • zbyte64@awful.systems
      662·
      3 days ago

      Demoralize these assholes with shrines to Luigi outside their workplace. Pamphlet them with the good news of Luigi as they go to work. I think 2/3 of America found their religion that fateful day and they should know that.

      • jjjalljs@ttrpg.network
        341·
        3 days ago

        Is anyone making Luigi religious/propaganda pamphlets? Because that’s a great idea.

        “Have you heard the good news? Do you feel powerless? Fear not, for you have power.” Or whatever. I’m sure someone can come up with better copy

        • zbyte64@awful.systems
          211·
          3 days ago

          In my sect we believe in transubstantiation of the billionaire class into liquid carbon that gets pumped underground as the ultimate form of CCS (carbon rcapture?)

          Edit: but the pamphlets could be all the anticapitalist verses in the Bible and Quran

          • jjjalljs@ttrpg.network
            8·
            3 days ago

            Luke 18:2-5

            He said: “In a certain town there was a judge who neither feared God nor cared what people thought. 3And there was a widow in that town who kept coming to him with the plea, ‘Grant me justice against my adversary.’

            4“For some time he refused. But finally he said to himself, ‘Even though I don’t fear God or care what people think, 5yet because this widow keeps bothering me, I will see that she gets justice, so that she won’t eventually come and attack me!’ ”

            🤔

            There’s a lot of stuff in the bible

          • WoodScientist@lemmy.world
            1·
            2 days ago

            We should make being a billionaire like trying to run the wrong way up a downward escalator, or like trying to swim up a waterfall. A wealth tax on wealth over $10 million. Starts at zero and exponentially rises to the point where at $1 billion of wealth, you need to be making a 50% rate of return on your investments to stay above $1 billion. Getting richer and richer should be like trying to swim against the current of a river, as that river flows faster and faster.

            One cool feature of doing this would mean that if you saw someone who managed to stay a billionaire, it means they actually do have some pretty good business acumen. I’m not impressed by a capitalist who was born rich and simply grew their hoard. I would be impressed by someone who managed to stay a billionaire even with the state taxing 50% of their wealth on an annual basis.

            • zbyte64@awful.systems
              3·
              2 days ago

              You should know wage theft (business owners not paying their workers) is the largest form of theft. It’s not enough to have a progressive wealth tax, we need a fully funded CFPB, aggressive anti-monopoly enforcement and full union representation to prevent someone with “good business acumen” to use their market dominance unfairly.

  • apfelwoiSchoppen@lemmy.world
    1051·
    3 days ago

    The line must go up. Doesn’t matter that homelessness increased 18% in 2024 in the US. They need that third home and a yacht.

      • Landless2029@lemmy.world
        37·
        3 days ago

        Its almost like dragons and thier hoards. Just keep piling it up…

        But they’re not magestic like dragons. Still close… Lizard people? Cold blooded. Predatory. It tracks.

  • EmpatheticTeddyBear@lemmy.world
    49·
    3 days ago

    That’s a bold move. We should get confirmation that the CEOs are aware of this. We should also get confirmation that they signed off on this. And a photo op with said people too, you know, for prosperity…

    • MisterFrog@lemmy.world
      1·
      18 hours ago

      I’m back to complain about Australians looking at Medicare through rose tinted glasses, when it still has a lot left to be desired.

      PBS is one of the better parts of Medicare, however, there is very often a gap fee, even for PBS medication, unless you qualify for a health care card. Which is great because we’re taking care of people who can’t afford it, and the gap fee is still mostly fine, in most cases.

      I mean, look at the sign, has an Asterix right there.

      However, the rest of Medicare is more and more resembling a two-tiered system where you get to skip the queue if you have the means to pay, and you get a tax break to do so 👍 and of course, can’t forget our luxury bones which still aren’t covered.

      Please do not vote for the LNP, I beg you.

      Medicare is not that great compared to what we could afford as one of the richest countries per capita in the world. Only in comparison to the shitshow in the US.

        • brbposting@sh.itjust.worksEnglish
          3·
          3 days ago

          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?

  • Ensign_Crab@lemmy.worldEnglish
    365·
    3 days ago

    See, this is why “Biden brought down drug prices. For 10 drugs. For Boomers only.” Isn’t a win.

    • Eugene V. Debs' Ghost@lemmy.dbzer0.comEnglish
      71·
      3 days ago

      “But did you think those boomers needed to pay $5 less for medicine? That’s a win! Now let’s have millions die of preventable illness because healthcare is a heavy tax burden on the middle class.”

  • xmunk@sh.itjust.works
    38·
    3 days ago

    We’re all getting 10% raises to pay for this, right?

    Well, at least the people these companies employ (not just the executives) are getting 10% raises, right?