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The Wall Street Journal: Major drugmakers are raising prices

Drugmakers initiated a new round of price increases on their products Monday, with some of them affecting generic hospital-administered injectable drugs that are in short supply.

B. Braun Medical Inc. recorded the most increases, raising the price of more than a dozen drugs, many of which are used by hospitals. B. Braun increased the price of antibiotic cefazolin by 50% to more than $9 a package. That drug, which has been around for decades, is now in short supply like several other antibiotics, according to the U.S. Food and Drug Administration.

All told, 20 companies increased the list prices of over 40 prescription drugs by an average of 13.1%, according to Rx Savings Solutions, which sells software to help employers and health plans choose the least-expensive medicines.

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