STAT+: U.S. drug prices were more than double those in dozens of countries in 2018
As debate intensifies over the cost of medicines, a new analysis found that prescription drug prices were on average 2.5 times more expensive in the U.S. than in 32 other countries. That gap widened to 3.4 times costlier when looking specifically at brand-name medications.
At the same time, prices for generic drugs were slightly lower in the U.S. than in most other nations. Specifically, the U.S. spent an average of $0.84 cents for a generic that would have cost an average of $1 elsewhere, according to the report from RAND Corporation, a nonprofit and nonpartisan research organization.
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