With most of our generic drugs made in China and India, concerns about drug shortages are naturally rising amid the COVID-19 pandemic. Unfortunately, no amount of data analysis can systematically pinpoint which drugs are at highest risk of shortage. That’s because information on where the active pharmaceutical ingredients (APIs) in our drugs are made is kept hidden from public view. We must place our trust in the FDA (who clearly has this information) to do everything in its power to maintain ample supply of critical drugs in this country. But the FDA is not alone in its efforts. All across this country, we have been humbled to witness the tireless efforts of researchers and members of the media who are trying to piece together this drug supply chain puzzle to help identify where potential risks and weak points may lie. We were motivated to help assist these people in their noble efforts. So we wondered, could we use public drug pricing data as a “flashlight” that could help guide the efforts of researchers wandering through the dark and vast interconnectedness of the drug supply chain in hopes of finding information that can help Americans through this crisis? After working through and tossing out many ideas, we settled on two dashboards: A complete rebuild of our drugmaker market share dashboard, and a new dashboard that identifies drugs experiencing abnormal price increases. This report walks through how to use these new tools, and provides warnings on how to use, and how not to use these tools.
Read MoreIt’s NADAC survey results week, which means it’s time for our next installment of “what happened to generic drug prices last month.” We saw more price increases than decreases this past month, and for the first time in eight months, an increase in annualized spending based on typical utilization trends. As always, the details matter, and we’re here to provide them for you. Check out our latest drug pricing report for important updates on the latest generic drug price changes, plus an updated NADAC Packed Bubble Chart.
Read MoreIt’s NADAC survey results week, which means it’s time for our next installment of “what happened to generic drug prices last month.” We saw less price increases than decreases this past month, and an overall decrease in annualized spending based on typical utilization trends. As always, the details matter, and we’re here to provide them for you. Check out our latest drug pricing report for important updates on the latest generic drug price changes, plus an updated NADAC Packed Bubble Chart. Additionally, check out the interesting spike in hydrocodone-acetaminophen prices, which occurred just weeks after the major opioid lawsuit settlements.
Read MoreOn December 19, 2019, CMS released its highly-anticipated 2018 Medicare Part D spending data. Besides a few tweets and one article on the release, this very material event (at least for drug pricing nerds) apparently got lost in the year-end, impeachment-spiked, eggnog-soaked holiday daze. We stumbled upon this data in early January and immediately set out to study it and tell its story, and boy, there's a lot of story to tell.
Read MoreIt’s NADAC survey results week, which means it’s time for our next installment of “what happened to generic drug prices last month.” We saw more price increases this past month, but an overall decrease in annualized spending based on typical utilization trends. As always, the details matter, and we’re here to provide them for you. Check out our latest drug pricing report for a lot of important updates on the latest generic drug price changes, plus an updated NADAC Packed Bubble Chart. Happy New Year.
Read MoreIt’s NADAC survey results week, which means it’s time for our next installment of “what happened to generic drug prices last month.” We saw less price increases this past month, and an overall decrease in annualized spending. As always, the details matter, and we’re here to provide them for you. Check out our latest drug pricing report for a lot of important updates on the latest generic drug price changes, plus an updated NADAC Packed Bubble Chart.
Read MoreIt’s NADAC survey results week, which means it’s time for our next installment of “what happened to generic drug prices last month.” We saw a lot of price increases this past month, but an overall decrease in annualized spending. As always, the details matter, and we’re here to provide them for you. For those that have followed previous 46brooklyn reports, there are several familiar drugs that experienced significant pricing movement this past month, so this piece will be a good trip down memory lane. Check out our latest drug pricing report for a lot of important updates, plus an updated NADAC Packed Bubble Chart.
Read MoreRecent reports have demonstrated that brand-name medication prices are not increasing at the same rate as prior years. While slowing list price increases can be helpful, and certainly understandable given the amount of coverage drug prices have gotten over the previous year, it misses one of the key points within the brand drug marketplace. Brand-name drug cost pressures have less and less to do with year-over-year price increases and more to do with the launch prices of new brand name medications when they initially come to market. So naturally, we saw an opportunity for a visualization to shed some light on launch prices. This report introduces the latest visualization added to the 46brooklyn toolkit: the 46brooklyn Drug Pricing Launchpad. Spoiler alert! Brand-name drug launch prices are rising aggressively. This is a problem for sure, but why it’s a problem may surprise you. This report will take you on a journey through the lifecycle of a drug, and illustrate how high pre-rebate list prices on brand-name drugs today become a profit opportunity for the supply chain off generic drugs in the future.
Read MoreIt’s NADAC survey results week, which means it’s time for our next installment of “what happened to generic drug prices last month.” We saw a lot of price decreases this past month, and an overall decrease in annualized spending. As always, the details matter, and we’re here to provide them for you. Check out our latest drug pricing report for a lot of important updates, plus an updated NADAC Packed Bubble Chart. And new this month, a look at generic pricing volatility!
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