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Tuesday, July 24, 2018

Roche Hiked Cancer-Drug Prices Before Pledge to Keep Them Flat

Like a growing number of its peers, Roche Holding AG pledged this week not to raise drug prices for the rest of the year. Thing is, the Swiss company had already done the second of its customary two annual increases.

Roche gave the U.S. government its no-price-rises promise on July 11, the company said in a statement Friday. The health system also needs to focus on “long-term, system-wide solutions that lower costs,” Roche said. “We’re committed to being part of the solution.”

However, Roche had raised the prices of nine medicines in early July by an average of about 3 percent, a spokeswoman told Bloomberg News later Friday by email. This included increases for Roche’s three best-selling drugs, the oncology blockbusters Herceptin, Rituxan and Avastin.

Drug-price data compiled by Bloomberg Intelligence and First Databank show that Roche raised the prices of the nine drugs on July 1, after an earlier increase in January. That’s a pattern Roche has followed for several years, the data show.

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4 comments:

Anonymous said...

and yet you people still can't see or understand that everything is not only about money, but to make you a slave!!!!

Here they have life saving drugs they keep raising rates on, mainly becasue they can and know you have to pay them if you want to life or have a shot at living... All the while, they keep low prices on the harder drugs like the ones they claim kids are getting readily available to them and addicted to... Interesting how that works huh????

Anonymous said...

Greed...just as simple as that. Look to see if there is a "like drug" that you can swap out for a cheaper price and then write them a "kiss my A$$ letter once you have swapped out.

Anonymous said...

Smart move on their part, friggin idiots.

Anonymous said...

9:35 understands...and they work with the FDA to poison our food to cause cancers that on the other end 20 years later. They can collect on the useless drugs to keep you alive long enough to suck every last dime from us. They also surpress better cheaping natural cures or make them just as expensive.