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
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