Newly Launched US Drugs Heading for Record Price Hikes in 2022

Newly Launched US Drugs Heading for Record Price Hikes in 2022

The average annual price for new US drugs this year is $257,000 Eight of the 13 drugs launched in 2022 priced in excess of $200,000 per year Some drug makers disclose less information on prices (Reuters) – Pharmaceutical companies are launching new drugs at higher prices this year, a Reuters analysis revealed, highlighting their pricing power even as Congress moves to slash the more than $500…

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China's first-quarter GDP tops expectations, but weakness in March sharply raises forecast risks

China’s first-quarter GDP tops expectations, but weakness in March sharply raises forecast risks

China’s Q1 GDP +4.8% y/y, forecast risks rise sharply Activity indicators for March are already showing increased pressure Retail sales fell 3.5% in March versus -1.6% in the survey The nationwide March unemployment rate is the highest since May 2020 Industrial output and investment exceed expectations BEIJING, April 18 (Reuters) – China’s economy slowed in March as consumption, real estate and…

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