Wednesday, November 28, 2012

Your 4 hourly digest for U.S. News Headlines - Yahoo! News

U.S. News Headlines - Yahoo! News
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U.S. price hikes on branded drugs far outpace 2012 inflation
Nov 28th 2012, 05:05

(Reuters) - U.S. price increases on popular branded drugs in the past year have been more than six times the overall rate of inflation for consumer goods, while spending on specialty medications is up nearly 23 percent, according to data compiled by Express Scripts for its first quarterly drug trend report. The pharmacy benefit manager, whose recent acquisition of rival Medco Health Solutions greatly increased its available data, found that prices on a collection of the most widely used brand name prescription medicines rose 13.3 percent from Sept 2011 to Sept 2012. ...

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