As a new year beckons, there is considerable anticipation that many drug makers will vigorously lift a self-imposed moratorium on price hikes that began last summer in response to political pressure from President Trump. After all, the pharmaceutical industry traditionally boosts prices in January in order to meet financial goals. Moreover, White House efforts to staunch rising drug costs have yielded few gains.
Already, a few companies have signaled higher prices are coming, but what might these look like?
Unlock this article by subscribing to STAT Plus and enjoy your first 30 days free!
GET STARTEDWhat is it?
STAT Plus is STAT's premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.
What's included?
- Daily reporting and analysis
- The most comprehensive industry coverage from a powerhouse team of reporters
- Subscriber-only newsletters
- Daily newsletters to brief you on the most important industry news of the day
- Online intelligence briefings
- Frequent opportunities to engage with veteran beat reporters and industry experts
- Exclusive industry events
- Premium access to subscriber-only networking events around the country
- The best reporters in the industry
- The most trusted and well-connected newsroom in the health care industry
- And much more
- Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr.
About the Author
It seems like the drug manufacturers are almost begging for some kind of government intervention … a bizarre maneuver for short-term shareholder gain.