reuters.com
www.reuters.com

Summary

Over 250 branded drugs in the U.S. will see price increases starting Jan. 1, 2025, with most hikes below 10% and a median increase of 4.5%.

Key companies like Pfizer, Bristol Myers Squibb, and Sanofi are raising prices on treatments for COVID-19, cancer, and vaccines, citing R&D costs and inflation.

Some prices, such as Merck’s diabetes drugs, will be reduced.

Critics highlight that U.S. drug prices remain the highest globally, while manufacturers face pressure to moderate year-over-year price hikes.

  • zbyte64@awful.systems
    211·
    5 days ago

    In my sect we believe in transubstantiation of the billionaire class into liquid carbon that gets pumped underground as the ultimate form of CCS (carbon rcapture?)

    Edit: but the pamphlets could be all the anticapitalist verses in the Bible and Quran

    • jjjalljs@ttrpg.network
      8·
      4 days ago

      Luke 18:2-5

      He said: “In a certain town there was a judge who neither feared God nor cared what people thought. 3And there was a widow in that town who kept coming to him with the plea, ‘Grant me justice against my adversary.’

      4“For some time he refused. But finally he said to himself, ‘Even though I don’t fear God or care what people think, 5yet because this widow keeps bothering me, I will see that she gets justice, so that she won’t eventually come and attack me!’ ”

      🤔

      There’s a lot of stuff in the bible

    • WoodScientist@lemmy.world
      1·
      4 days ago

      We should make being a billionaire like trying to run the wrong way up a downward escalator, or like trying to swim up a waterfall. A wealth tax on wealth over $10 million. Starts at zero and exponentially rises to the point where at $1 billion of wealth, you need to be making a 50% rate of return on your investments to stay above $1 billion. Getting richer and richer should be like trying to swim against the current of a river, as that river flows faster and faster.

      One cool feature of doing this would mean that if you saw someone who managed to stay a billionaire, it means they actually do have some pretty good business acumen. I’m not impressed by a capitalist who was born rich and simply grew their hoard. I would be impressed by someone who managed to stay a billionaire even with the state taxing 50% of their wealth on an annual basis.

      • zbyte64@awful.systems
        3·
        4 days ago

        You should know wage theft (business owners not paying their workers) is the largest form of theft. It’s not enough to have a progressive wealth tax, we need a fully funded CFPB, aggressive anti-monopoly enforcement and full union representation to prevent someone with “good business acumen” to use their market dominance unfairly.