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March 7, 2007

Drug Prices Spike

The prices of many brand name drugs that are commonly used by American seniors jumped almost twice the rate of inflation last year, according to a new report by the American Association of Retired People. The report argued that almost 200 drugs—including popular respiratory aid, Combivent—have seen substantial price hikes, and that there was a 6.2% average rise in the manufacturer price of the drugs, compared to America’s general inflation rate of 3.2% last year.  

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sherrylynn
chicago
Nebraska

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