42 Prescription Drugs Hit With Price Hikes Amid the Pandemic

a man is upset about high prescription drug prices
Photo by Burlingham / Shutterstock.com

Drug prices are continuing to climb, even amid the coronavirus pandemic and the resulting widespread unemployment.

Drug manufacturers increase prices regularly, as often as twice each year, and the second round of 2020 price hikes on prescription medications landed this month.

So far, at least 42 prescription medicines have increased in cost — by 3.5%, on average, according to GoodRx, which tracks prescription drug prices at pharmacies around the country.

All 42 are brand-name drugs. Not one generic drug received a price hike this time around.

Last July, for comparison, drugmakers hiked prices on 37 brand-name drugs.

Early this year, pharmaceutical manufacturers increased prices by 6%, on average, for 639 medicines, as we reported in “Brace to Pay More for These 26 Prescriptions in 2020.”

Several of the drugs hit with price increases earlier this year have been hit with additional increases this month. Among them:

  • Bidil (prescribed for heart failure)
  • Symbicort (for asthma)
  • Bydureon and Farxiga (for diabetes)

AstraZeneca, a large multinational drugmaker, has hiked prices on many of its popular diabetes medicines, including Symlinpen, Qtern, Xigduo XR and Kombiglyze XR, according to GoodRx. It also raised the price of its so-called “female Viagra” drug, Addyi, by 9.3% — the largest increase of any AstraZeneca drug this month.

The biggest drug price increase this July is 10%, for Adzenys XR-ODT, a stimulant used to manage attention deficit hyperactivity disorder (ADHD), according to WebMD. It’s manufactured by Neos Therapeutics.

Here is GoodRx’s list of the biggest price increases in July:

  • Adzenys XR-ODT: 10%
  • Addyi: 9.3%
  • Jornay PM: 6.1%
  • Crestor: 6%
  • Daliresp: 6%
  • Nexium: 6%
  • Adhansia XR: 5%
  • Bevespi Aerosphere: 5%
  • Omeclamox-Pak: 5%
  • Tavalisse: 5%
  • Xyosted: 5%

GoodRx tracks what are called list prices, which are the prices manufacturers set for their drugs. List prices typically differ from prices consumers pay because of health insurance coverage. Still, list prices are watched carefully because they serve as a barometer for changes in consumer drug prices.

For a complete list of all 42 drugs that have seen price increases so far this month, visit GoodRx’s blog. And to learn more about GoodRx, check out “5 Websites to Check Before Buying Prescription Drugs.”

Disclosure: The information you read here is always objective. However, we sometimes receive compensation when you click links within our stories.

Read Next
26 Work-From-Home Jobs That Pay $100,000
26 Work-From-Home Jobs That Pay $100,000

These lucrative gigs let you work in your slippers.

What is the Cheapest Grocery Store?
What is the Cheapest Grocery Store?

Aldi, Kroger and Walmart: Which grocery store is the cheapest?

How to Avoid Being Surprised by 7 Nasty Expenses
How to Avoid Being Surprised by 7 Nasty Expenses

Major expenses are difficult to predict, but there are ways to make sure you’re protected.

10 Tools You Need for Financial Stability
10 Tools You Need for Financial Stability

Have these tools and accounts in place so you can weather whatever comes your way.

14 Things You Should Stop Buying in 2021
14 Things You Should Stop Buying in 2021

These convenient household products come with hidden costs that you might not have considered.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
7 Kirkland Signature Items to Avoid at Costco
7 Kirkland Signature Items to Avoid at Costco

Even if it seems you save a bundle buying Costco’s Kirkland Signature brand products, they may not be the bargain they appear to be.

How to Buy Gas At Costco Without a Membership
How to Buy Gas At Costco Without a Membership

The warehouse club often has some of the cheapest gas in town. Here’s how you can get it as a nonmember.

10 Things to Stop Buying If You Want a Clutter-Free Home
10 Things to Stop Buying If You Want a Clutter-Free Home

If you like to keep things simple, avoid these purchases.

A Simple Way to Silence Robocalls Today
A Simple Way to Silence Robocalls Today

A few steps can keep your phone from ringing when a spammer calls.

This Company Makes the Best Tires in America
This Company Makes the Best Tires in America

Driver satisfaction with tires is at an all-time high, but one brand stands out.

If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

Vacuums from this brand can last a half-century, if not longer — and they’re hot on the resale market.

This Health Issue Can Hint at Dementia Years in Advance
This Health Issue Can Hint at Dementia Years in Advance

One type of pain is especially associated with cognitive decline.

If You Find This Thrift Shopping, Buy It
If You Find This Thrift Shopping, Buy It

This iconic dinnerware is prized for everyday use as well as reselling for profit.

Can I Switch to Spousal Social Security Benefits When My Ex Dies?
Can I Switch to Spousal Social Security Benefits When My Ex Dies?

Knowing when to claim can help you maximize benefits.

Medicare Will Not Cover These 6 Medical Costs
Medicare Will Not Cover These 6 Medical Costs

Don’t let these health care expenses catch you off guard in retirement.

8 Things You Should Always Buy on Amazon
8 Things You Should Always Buy on Amazon

The giant retailer shines when it comes to these things, from basics to hard-to-find specialty goods.

Beware This Hidden Ingredient in Rotisserie Chicken
Beware This Hidden Ingredient in Rotisserie Chicken

Something foul may lurk in those delicious, ready-to-eat birds.

5 Ways to Get Amazon Prime for Free
5 Ways to Get Amazon Prime for Free

Hesitant to drop $119 a year on an Amazon Prime membership? Here’s how to get it for free.

5 Ways to Fill Your Pantry With Free Food
5 Ways to Fill Your Pantry With Free Food

Anyone can take advantage of these resources.

5 States With the Worst Health Care for Retirees
5 States With the Worst Health Care for Retirees

All of these states are located in the same region of the nation.

7 Big Purchases You Should Never Make
7 Big Purchases You Should Never Make

Sometimes a big-ticket purchase is nothing more than a big waste of money.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

6 Reasons You Should Stop Hiding Cash at Home
6 Reasons You Should Stop Hiding Cash at Home

Stashing money around the house is anything but harmless.

5 Products You Should Never Buy Generic
5 Products You Should Never Buy Generic

Sometimes the brand-name version is clearly superior.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.