Johnson & Johnson to reveal average drug price increases

FILE - In this July 30, 2013, file photo, people walk along a corridor at the headquarters of Johnson & Johnson in New Brunswick, N.J. Amid the storm over soaring medicine prices, health care giant Johnson & Johnson says that beginning in February 2017 the company will disclose average increases in the list price and what middlemen actually pay for its prescription drugs. That will help J&J’s image more than patients initially, experts say, but it could push other drugmakers to restrain future price increases and be more transparent. (AP Photo/Mel Evans, File)Health care giant Johnson & Johnson plans next month to disclose price increases of its prescription drugs as the industry tries to calm the storm over soaring prices.

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