(Bloomberg) — For all the recent backlash to drug price increases that have incited politicians' anger and roiled markets, a curious thing happened in the third quarter: Prices for generic drugs, which make up 85 percent of prescriptions, hardly increased at all.
That's according to an analysis from Bloomberg Intelligence analyst Jonathan Palmer, which shows inflation among generic drugs dropping from 4 percent two years ago to zero.
Prices of more expensive brand-name drugs have been increasing at more than 10 percent a year in that period.
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