6 January 2019 - New year brought average drug price increase of 6.7%.

Just as the pharmaceutical industry’s biggest conference of the year is set to get under way, President Donald Trump took to Twitter to complain that drug makers aren’t “living up to their commitments on pricing.”

Despite talk about halting increases and lowering the price on some treatments, pharmaceutical companies on Jan. 1 returned to the practice of regular price hikes on hundreds of drugs. The average increase was 6.7%, according to data analysed by Bloomberg.

Trump’s tweet also said drugmakers were “not being fair to the consumer, or to our Country!”

Read Bloomberg article