Study: Extraordinary increase in drug prices

January 12, 2010 2:13:33 PM PST
This may not come as a surprise to some, but a new study finds prices for hundreds of brand name drugs have soared since the beginning of the decade. The biggest increase have been for drugs to treat depression, infections, and heart disease.

The GAO, or non-partisan General Accountability Office, says prices they looked at for 321 brand name drugs jumped anywhere from 100 percent to a whopping 499 percent, and in a few cases by more than 1,000 percent.

But the Pharmaceutical Research and Manufacturers of America criticized the GAO report for focusing on "only a small number of selected brand medicines."