US pharmaceuticals company Pfizer is to increase prices on 41 drugs in the new year . The majority of the drugs will see a 5 % rise , with two only rising by 3 % and one facing a 10 % increase . The specific ##s have not been confirmed but the number will make up 10 % of the firm 's portfolio , while a spokesperson said higher rebates and discounts to insurance companies are expected to offset the cost increase . And while Pfizer emphasized that rebates for insurers and PBMs would offset the price increases, the administration has sought to curb the power of PBMs as well. Pfizer deferred plans to raise prices on 100 of its drugs in July after Donald Trump criticised the company .
US pharmaceuticals company Pfizer is to increase prices on 41 drugs in the new year . The majority of the drugs will see a 5 % rise , with two only rising by 3 % and one facing a 10 % increase . The specific ##s have not been confirmed but the number will make up 10 % of the firm 's portfolio , while a spokesperson said higher rebates and discounts to insurance companies are expected to offset the cost increase . Pfizer deferred plans to raise prices on 100 of its drugs in July after Donald Trump criticised the company .