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Pharma Companies Increase Cost of 500 Drugs as COVID-19 Pandemic Rages

What happened: U.S. drug manufacturers increased the price ofmore than 500 drugs at the start of 2021, according to Reuters.

Reuters reported that health care research firm 46brooklyn said its “analysis of Medicaid data shows the average cost per branded drug is still ticking up” despite the fact drug price increases have slowed substantially since 2015.

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