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Janssen US Net Drug Prices Declined 5.7% in 2020; J&J Pushes Rebate Reform

 
• By Jessica Merrill

Janssen's net drug prices declined for the fourth year in a row in 2020, while list prices increased 3.8%, according to the company's drug pricing report.

Dollars & Pills
Shutterstock • Source: J&J outlined its US drug pricing in a transparency report

Johnson & Johnson's US net drug prices declined for the fourth consecutive year, down 5.7% on average across the portfolio, the company said in its annual drug pricing transparency report. Pointing to years of net price declines across the US drug portfolio, J&J used the platform to push for US drug price reforms that direct savings from rebates to patients rather than pharmacy benefit managers (PBMs).

The compound annual net price of the medicines sold under its Janssen drug unit has declined 14.4% since the beginning...

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