US new drug price is higher than $200,000 median by 2022
US new drug price is higher than $200,000 median by 2022. After setting record-setting U.S. prices in the second half of 2022, pharmaceutical companies continued to introduce new medicines at a high cost during the second half of the year, an analysis of the starbulletin has revealed, highlighting their strength in spite of legislation designed to cut prices for older prescription medicines. The median annual cost of the 17 new drugs that have received U.S. Food and Drug Administration (FDA) approval since July 2022 is $193,900. This is less than $257,000 in the early part of 2022 Starbulletin discovered. In…
