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Janssen's Drug Pricing Report Emphasizes Value Of Rebates

 
• By Brenda Sandburg

As political pressure on pricing continues to build, Janssen's first-ever transparency report notes average list price increase was 8.5% in 2016; annual pricing parties are no longer 'raves,' Raymond James & Associates says.

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Janssen Pharmaceutical Cos.'s report on 2016 price increases shows that the company has kept average list price (wholesale acquisition cost) hikes below 10% for the past five years, while the average net price change (WAC minus rebates, discounts and returns) has ranged from 2.5% to 5.2%.

The Johnson & Johnson unit's first annual US Transparency Report, released Feb. 27, also includes information about clinical data transparency and programs that support access to medicines....

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