BUSINESS, Commerce, Social media

Pfizer Set To Raise Drug Prices

Pfizer is set to raise prices on 41 drugs in January, a few months after the company agreed to delay the increase under the influence of President Donald Trump.

The manufacturer in a recent announcement declared that it would raise the list price of all but four of the drugs by 5%, effective January 15.

Three drugs will increase by 3% while one will go up by 9%. The medications represent 10% of Pfizer’s drug portfolio.

Barbara Greene, Readers Bureau, Contributor

Edited by Jesus Chan

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