Drug prices Novartis willincrease the price of a number of its drugs by between 5 and 10percent. Bayer will increase prices for a number of its products byroughly 5 percent. (Photo: Shutterstock)

Major drug manufacturers are set to significantly increase prices for popular medications nextyear.

An exclusive report by Reuters is based on information obtainedas a result of a new law in California that requires pharmacompanies to notify state agencies of plans to raise the cost of a medication by more than 16percent over two years.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.