According to a few recent studies, 17 top-selling drugs for treating erectile dysfunction have doubled their costs over 6 years.
Out of the seventeen brands which hiked their prices, the top two companies are Viagra & Cialis.
Top-selling companies, Viagra & Cialis saw a rapid hike in their prices along with 17 other name brand drugs used for treating erectile dysfunctions from the years 2012 till 2017, as stated by a study conducted by Journal of the American Medical Association.
With the analysis of a total of six years of pharmacy claims, a total of 35 million individuals were found to have drug insurances for private prescriptions. It was also found that there is a global surge in the prices of a total of 49 name-brand drugs, out of which 17 have doubled in price over the period taken into account in the research.
Standing out as the highest price increase is Pfizer’s Viagra, which has seen a total of a 190% price hike in the 6 years taken into account for the research. The price of Viagra has gone up from $127 right up to $370 per each prescription. Tailing Viagra ever so slightly is Cialis, which is produced by Eli Lily. Their price has hiked a total of 187%, from $127 to $365 for each prescription.
The brands have been unwilling to reveal their list prices, which is the price before any discounts are calculated & implemented & avoid it by stating that the advertised prices are not what the customers are paying.