Median annual list price for new drugs over $370,000 in 2024
May 22 (Reuters) – U.S. prices for newly-launched pharmaceuticals more than doubled last year compared to 2021, as companies leveraged scientific advances to develop more therapies for rare diseases, which typically command high prices, a Reuters analysis found.
The median annual list price for a new drug was over $370,000 in 2024, according to the Reuters survey of 45 medicines.
In 2021, the median price was $180,000 for the 30 drugs first marketed through mid-July, according to a study published in JAMA based on the same criteria. The median launch price was $300,000 in 2023 and $222,000 in 2022.
