Definition of «drug price increases»

The term "drug price increases" refers to an increase in the cost or price of a prescription drug. This can occur for various reasons, such as changes in production costs, market demand, or patent expiration. When drug prices rise, it can make medications more expensive and potentially unaffordable for patients who rely on them to manage their health conditions.

Sentences with «drug price increases»

  • Recent generic drug price increases have made us concerned and caused us to take positive action to address an opportunity to help a needy patient population. (relevantmagazine.com)
  • The poster boy for prescription drug price increases was arrested on securities fraud charges this week. (entrepreneur.com)
  • As drug patents begin to roll off and scrutiny around drug prices increased over the summer, many pharmaceutical company's struggled. (investopedia.com)
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