Fewer Drugs Have Unsupported Price Increases, ICER Finds

  • Dec 24, 2024

    In its sixth annual Unsupported Price Increases (UPI) report, the Institute for Clinical and Economic Review (ICER) found that five of the top 10 drugs with substantial net price increases in 2023 did not have adequate clinical evidence to support the increases. That was the fewest number of drugs with unsupported price increases in the six years of the report and was down from eight out of 10 in last year’s report.

    The other five drugs with substantial net prices did have new clinical evidence last year, which manufacturers could use to justify the net price increases. However, ICER noted it did not conduct a thorough analysis to determine whether the price increases met its strict cost-effectiveness criteria.

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    © 2024 MMIT
  • Tim Casey

    Tim has been a reporter and editor for newspapers, websites and magazines for more than 20 years, including 10 years covering health care business topics. He has a deep knowledge of the managed care industry and pharmacy benefit management. He also has experience covering medical conferences and clinical and legislative health care issues. In 2014, the Society for Advancing Business Editing and Writing selected Tim as one of 15 journalists to participate in a national symposium on the Affordable Care Act. Tim has a B.A. in Psychology from the University of Notre Dame and an M.B.A. from Georgetown University.

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