Generic Drug Prices ‘Tanking,’ Despite Fears Of Pandemic Price Gouging

By John Wilkerson / July 28, 2020 at 3:15 PM
Generic drug prices are “tanking,” according to 46Brooklyn, despite fears that the pandemic would lead to price increases due to supply chain interruptions and price gouging . The 46Brooklyn report is based on a July 22 update to the National Average Drug Acquisition Cost database, which is a repository of data from monthly surveys of what pharmacies pay wholesalers. The update covers survey results through May. After years of deflation, prices for generic drugs started to climb before the pandemic...

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