Posted by Michael Wonder on 17 Nov 2018
Pfizer to raise prices on 41 prescription drugs next year despite pressure from Trump
16 November 2018 - Trump said Pfizer and other drug makers "should be ashamed" of themselves.
Pfizer will raise prices on 41 of its prescription drugs in January after initially putting off those plans this summer amid pressure from President Trump.
The drug giant will increase the list price of about 10% of its drugs 15 January, the company announced Friday. Most of the increases will be 5%, though Pfizer will raise three drugs' list prices by 3% and one drug's by 9%.
List prices are the advertised price of a drug, not necessarily the price insurers pay after discounts, known as rebates.
