Pfizer to raise drug prices in January; says insurance can offset the cost


Pfizer said Friday that it will be raising the prices of 41 drugs, or 10 percent of its product portfolio, in January. The pharmacy giant indicated in a release that the increase for most of the affected drugs would be 5 percent, though three products will see a 3 percent rise, and one will climb 9 percent due "to the completion of two extensive development programs that have led to the recent FDA approvals of two new medical uses that meet unmet patient needs."



from Biotech News