STAT+: Despite competition, U.S. cancer drug prices rose even as they fell in Germany and Switzerland

A new analysis finds that cancer drug prices fell in Germany and Switzerland, but rose in the same time frame in the U.S.

Even as prices rose substantially in the U.S. over a recent 12-year period, a new analysis found that prices for the same cancer drugs either decreased or did not exceed inflation in Germany or Switzerland, where governments negotiate pricing with manufacturers.

After examining price changes for medicines approved to combat a dozen different forms of cancer between 2009 and 2020, researchers found that — with one exception — the median price for all of the drugs rose 6% in the U.S. two years after product launches. And prices climbed 15% by four years after a medication became available, despite a growing number of competitive treatments.

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