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Prices set to rise on 350 medicines this year, with inflation as major cause

Prices set to rise on 350 medicines this year, with inflation as major cause

Prices for at least 350 medicines are set to hike this year.

That includes COVID-19 treatment Paxlovid, cancer drug Ibrance, and migraine pill Nurtec.

CNN reports the increase is up from 250 last year, but the median is around 4% which is in line with 2025.

Drugmakers point to inflation for the hike.

CNN also reports that drugmakers do plan to cut prices on around nine drugs.

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