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A report from the Institute for Clinical and Economic Review and West Health found that launch prices for new drugs rose sharply after 2022 and that most first prescriptions for those drugs were not filled within a month.
$257,369
median estimated annual net launch price of novel drugs approved in 2025
New drugs launched at a median net price near $257,000 a year in 2025, report finds
35%
inflation-adjusted increase in the median net launch price from 2022 to 2025
New drugs launched at a median net price near $257,000 a year in 2025, report finds
36%
share of first outpatient prescriptions for newly launched drugs filled within 30 days
New drugs launched at a median net price near $257,000 a year in 2025, report finds
20%
share filled within 30 days when billed to Medicare, compared with 51% for commercial insurance
New drugs launched at a median net price near $257,000 a year in 2025, report finds
