234
submitted 5 months ago by MicroWave@lemm.ee to c/news@lemmy.world

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.

top 29 comments
sorted by: hot top controversial new old
[-] jjjalljs@ttrpg.network 78 points 5 months ago

I know I say this a lot but: let us pray to Saint Luigi for guidance. Because I don't know what else to do.

[-] zbyte64@awful.systems 33 points 5 months 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 11 points 5 months 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 6 points 5 months ago* (last edited 5 months 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 r~~c~~apture?)

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

[-] Sir_Premiumhengst@lemmy.world 11 points 5 months ago

Peace be with you!

[-] apfelwoiSchoppen@lemmy.world 68 points 5 months ago* (last edited 5 months 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.

[-] cybervseas@lemmy.world 28 points 5 months ago

They won't even spend the money. It just builds up.

[-] Landless2029@lemmy.world 25 points 5 months 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.

[-] Zorsith@lemmy.blahaj.zone 1 points 5 months ago

Somebody did the math already; Bezos alone has more money than is depicted in Smaugs hoard in The Hobbit

[-] NocturnalMorning@lemmy.world 43 points 5 months ago

The U.S. pays more for prescription medicines than any other country

And these people wonder why we hate them

[-] skeezix@lemmy.world 33 points 5 months ago

How we do it in my country.

[-] brbposting@sh.itjust.works 1 points 5 months ago
[-] ShepherdPie@midwest.social 2 points 5 months ago

"Kia Optima" is my guess. They pay for the free prescriptions with ornate car ads in every clinic.

[-] xmunk@sh.itjust.works 29 points 5 months 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?

[-] b3an@lemmy.world 1 points 5 months ago

When we ask for it they scoff at us.

[-] ExtremeDullard@lemmy.sdf.org 26 points 5 months ago

The pharma industry is doing the US public a service by getting people used to paying Trump's tariffs early.

[-] crusa187@lemmy.ml 3 points 5 months ago

Now now, I think you know these fine American institutions won’t be passing up another opportunity to raise prices once those tariffs hit. This is a double dip.

[-] FartsWithAnAccent@fedia.io 20 points 5 months ago

What a bunch of greedy bastards. Can't imagine why they're so widely and intensely hated.

[-] albert180@discuss.tchncs.de 15 points 5 months ago

Lol, what R&D Costs for already developed drugs?

[-] crusa187@lemmy.ml 6 points 5 months ago

Guess who footed the bill for all that emergency Covid R&D a few years ago? Hint - it was not the pharmaceutical companies.

[-] albert180@discuss.tchncs.de 1 points 5 months ago

They didn't even funded it without COVID, that drug was developed at a University IIRC

[-] EmpatheticTeddyBear@lemmy.world 15 points 5 months 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...

[-] mp3@lemmy.ca 12 points 5 months ago

And of course the only thing trickling down in the economy isn't made of money, it's santorum-based.

[-] jaxiiruff@lemmy.zip 10 points 5 months ago

Why didnt I fucking hear anything about this until today. What a great start to the new year.

[-] Bwaz@lemmy.world 9 points 5 months ago

Yeah, because they haven't been making enough money

[-] FlyingSquid@lemmy.world 8 points 5 months ago

Does anyone know where to find a list of the drugs? Because I'm not turning one up.

[-] xc2215x@lemmy.world 6 points 5 months ago

Utterly brutal to see.

[-] kryptonidas@lemmings.world 5 points 5 months ago
this post was submitted on 01 Jan 2025
234 points (99.6% liked)

News

30229 readers
1477 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS