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History of rises and falls in prescription drug prices
Category:
Other
Updated:
9 Dec 2019
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Created by
Austin Rubenacker
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Events
Number of drugs with sales that topped $1 Billion reaches 52.
American Annual spending reaches $1000 per person
More rapid F.D.A Approvals, fueled by new fees
US Drug spending growth was the slowest since 1974
Arrival of expensive specialty drugs for Hepatitis C, Cystic Fibrosis, and other conditions fueled spending growth.
Periods
Sales of costly new Hypertension and Cancer drugs increased dramatically.
Prescription Drug Prices Triple
Prescription Drug Prices start to decrease
Prescription Drug prices increase yet again
Coverage for drugs expanded through public programs
US Survey estimated that 30% of the rise in drug spending can be attributed to price increases or greater use of higher-priced drugs
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