‘Unbelievable’: Half of New Drugs Launched in 2020-2021 Cost $150,000 or More Per Year

Photo caption: A man prepares pills for his wife on January 4, 2020 in Sarasota, Florida. Photo credit: Andrew Lichtenstein / Corbis via Getty Images. Article by Jake Johnson. Common Dreams – June 9, 2022.

Research published Wednesday in the medical journal JAMA estimates that close to half of all new brand-name prescription drugs launched in the U.S. in 2020 and 2021 came with an original price tag of at least $150,000 a year, a finding that sparked fresh calls for Congress to rein in the pharmaceutical industry’s virtually unchecked power to drive up costs. […]

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