The Government Accountability Office (GAO) says prices for more than 400 brand-name drugs jumped dramatically between 2000 and 2008, and it might be due to limited competition.
The GAO looked at 416 brand-name drug products representing 321 drug brands. In eight years, these products had "extraordinary" price increases, according to the GAO.
Price increases ranged mostly between 100 percent and 499 percent, with a median of 158 percent. In some cases, increases were as high as 1,000 percent or more.
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