Happy Monday, folks. This is Meghana of Team Readout subbing in for Ed in today’s edition of Pharmalot. Sprinkled between blaring headlines of last night’s epic Oscar flub, here are some pharma standouts:
Drug pricing is proving a touch more contained this year, with only a handful of medications seeing increases greater than 10 percent. The median drug pricing increase was largely unchanged, of course — clocking in at 8.9 percent, which is much higher than the US inflation rate of about 2 percent, as the Wall Street Journal points out. But this January, when pharma prices typically increase, pharma companies raised the prices of 5.5 percent of their drugs more than 10 percent, as opposed to 15.5 percent that did so last year and more than 20 percent the year before that.