Many Drugmakers Have Increased Rx Prices by Up to 10% Since Late Last Month, Despite Criticism

Drugmakers have recently increased the prices of dozens of prescription drugs despite mounting criticism toward such price hikes. According to equity analysts, many drugmakers commonly increase prices for their drugs around Jan. 1, with some additional increases occurring throughout the year. A number of drugmakers have raised U.S. prices for dozens of brand-name drugs since late last month, with many of the increases between 9% and 10%, including Allergan, Amgen, Horizon Pharma and Pfizer.

• "Drugmakers Raise Prices Despite Criticisms" (Loftus, Wall Street Journal, 1/10).