October 24, 2025

New drug prices leap

 Axios - The list price of new drugs approved by the FDA increased by a median of 24% between 2022 and 2024, and the median net price increased by 51%, according to a report released yesterday by the Institute for Clinical and Economic Review.

  • In other words, the actual price paid for new drugs — net rebates and discounts — rose even more than list prices did over that three-year period.
  • Even when accounting for differences in the mix of drugs approved each year, the annual net launch price increased by 33% per year. More

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