Healthcare Spending

Pharma Companies Spent $985M On New Drug Development

by Samantha McGrail

Biopharmaceutical companies spent an estimated $985 million on new drug development and research over a decade, counting expenditures on failed trials, according to researchers from the London School...

International Reference Pricing Implementation Challenges

by Samantha McGrail

Tying drug prices to those in other developed countries may be a useful strategy for lowering US prescription drug spending, but international reference pricing may not be ideal, according to...

Pharmaceutical Company Mallinckrodt Sued Over Seizure Drug Cost

by Samantha McGrail

The city of Marietta has filed a class action lawsuit against drug manufacturer Mallinckrodt, claiming the company increased the price for a specific seizure medication by 97,500 percent, according to...

GoodRx Names Top 20 Most Expensive Prescription Drugs in 2020

by Samantha McGrail

According to a GoodRx analysis, Myalept is the most expensive prescription drug in the US in 2020 with a list price of $72,306.  In their yearly analysis, GoodRx researchers broke down the most...

Congress’ Think Tank Digs Into Drug Patenting Practices

by Ana Mulero

A new Congressional Research Service report on Wednesday delved into the deluge of proposals that have been set forth to address drug pricing and drug patenting practices. The report is a high-level...

Drug Price Hikes Undeterred Despite Legislative Proposals

by Ana Mulero

Drug prices increased for 686 drug products during the first few weeks of 2020, the latest data from the Centers for Medicare and Medicaid Services shows, signaling it’s business as usual for...