Premier Drug Pricing Services

Price Increases by Drug Manufacturers to Start July 2023

FAYETTEVILLE, NEW YORK, UNITED STATES, July 18, 2023/ — Price Increases Range from 0.54% to 10.00%
July is historically the second busiest month for price increases for drug manufacturers, and we are seeing that this is the case again this year. The first week of July has seen 59 manufacturers raise prices on 105 brands* with a price increase averaging 3.80%. There are 9 brands that all raised their prices by 10%.

Overall, current July price increases range from a low of 0.54% for Licart [IBSA Pharma], a topical treatment for acute pain, to the 8 products that have increased prices by 10%.

Currently, 847 brands have taken price increases in 2023, averaging 5.46%. Price increases range from a low of 0.26% with Clorotekal [B. Braun], used as a local anesthetic, to a high of 478.22% for Entadfi [Veru/Blue Water], used for the treatment of benign prostatic hyperplasia. The increase comes after this product was sold by Veru Inc. to Blue Water Vaccines in April 2023. One other brand had a price increase of over 30 percent: Isturisa (5mg) [Recordati Rare Diseases] increased its price by 62.43%.

Thus far, 96 brands have increased their prices more than once this year. Emflaza [PTC Therapeutics], the only FDA Approved Product that treats Duchenne Muscular Dystrophy increased prices twice for a total of 30.19% since January 1st.

Please note that these price changes affect list prices, or Wholesale Acquisition Cost** (WAC), that are set by the drug manufacturers without taking into account rebates, insurance, and other discounts that may be available.

AnalySource® as of July 10, 2023 – Reprinted with permission by First Databank, Inc. All rights reserved. © 2023

* Brands are single source products, as determined by the Center for Medicare and Medicaid Services, with increases in WAC Unit Pricing over the time periods of 7/1/2023-7/7/2023 and 1/1/2023-7/7/2023.

** First Databank, Inc Drug Pricing Policy:

About DMD America, Inc
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