Despite putting on hold a plan to increase prices on a host of its drugs, Pfizer said it will nevertheless raise prices on more than three dozen in January. US pharmaceuticals company Pfizer is to increase prices on 41 drugs in July . The majority of the drugs will see a 5% rise, with 41 only changing by 5% and one facing a 9% increase. The specific drugs have not been confirmed but the number will make up 9% 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 the new year after President Trump criticised the company.
US pharmaceuticals company Pfizer is to increase prices on 41 drugs in July . The majority of the drugs will see a 5% rise, with 41 only changing by 5% and one facing a 9% increase. The specific drugs have not been confirmed but the number will make up 9% 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 the new year after President Trump criticised the company.