Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Stay on top of the latest market trends
Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.
Sports news worthy of your time
Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.
Tech news worthy of your time
Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.
Get the inside stories
Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Want a daily digest of the top Denver news?
Get a daily digest of the most important stories affecting your hometown with Axios Denver
Want a daily digest of the top Des Moines news?
Get a daily digest of the most important stories affecting your hometown with Axios Des Moines
Want a daily digest of the top Twin Cities news?
Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities
Want a daily digest of the top Tampa Bay news?
Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay
Want a daily digest of the top Charlotte news?
Get a daily digest of the most important stories affecting your hometown with Axios Charlotte
Drug companies continue to raise list prices. Photo: Joe Raedle / Getty Images
A handful of drug companies rang in 2018 with price hikes that easily surpass inflation but stay conspicuously below double digits. Investment banks Jefferies and Cowen highlighted some of the big ones (listed below the fold).
Get smart: Our reporting might sound like a broken record, but it's the truth: Despite public outcry, the pharmaceutical industry has no incentive to change its drug pricing tactics.
Some of the drug companies raising prices:
- AbbVie's blockbuster Humira: 9.7%
- Amgen's arthritis medicine Enbrel: 9.7%
- Allergan's dry eye drug Restasis: 9.5%
- Insys Therapeutics' opioid spray Subsys: 9.5%
- Biogen's multiple sclerosis drug Tecfidera: 8%
But wait, there's more: Cowen conducted a survey of large drug purchasers, and most said drug prices will continue to rise. More than three-quarters of respondents also said there's almost no chance U.S. drug price controls will occur in the next three years.