drug costs

Pharma and Drug Pricing June 20, 2023

Five Reasons Drug Costs are So High

By Tom Dorsett – Drug costs are skyrocketing, but why? First we must understand the cause of high drug costs in order to properly address the problem. For more than twenty-five years, I’ve seen drug costs grow and dominate pharmacy budgets across the United States.

Pharma and Drug Pricing April 18, 2023

Biosimilars, Saving Costs on Specialty Drugs

By Tom Dorsett – As of April 2023, the FDA has approved the use of 40 “biosimilars”, which are a less expensive version of an advanced “biologic” medication. The rise of biosimilars is a major source of excitement as a way to control rising drug costs. But is the fervor warranted?