Out of interest, i just updated my chart tracking US prescription drug CPI (1), and Drug Approvals (2), which i havent looked at for 2 months. (each point is 1 month)
The two points seem to generally go in opposite directions, which makes sense because in the long term more approvals means more competition which reduces prices. I was expecting CPI to continue increasing, and approvals to decrease, but that is not happening.
From the graph it looks like the CPI is going to be staying low for a couple more months, which doesn't give much hopes for an improvement in drug prices.
This graph might be useful for long term industry trends, but i have since realised its better track individual drugs on goodrx, which i haven't done properly yet.
1)https://data.bls.gov/timeseries/CUSR0000SEMF01?output_view=pct_3mths
2)https://www.fda.gov/Drugs/Developme...dNewDrugApplicationANDAGenerics/ucm375079.htm
Just topped up again at 59.5c, page-35
-
- There are more pages in this discussion • 154 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MYX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.61 |
Change
0.010(0.22%) |
Mkt cap ! $392.1M | |||
| Open | High | Low | Value | Volume |
| $4.60 | $4.67 | $4.46 | $913.9K | 200.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 842 | $4.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.65 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MYX (ASX) Chart |