Drugmakers plan to raise U.S. prices on at least 350 branded medications including vaccines against COVID, RSV and shingles and blockbuster cancer treatment Ibrance, even as the Trump administration pressures them for cuts, according to data provided exclusively by healthcare research firm 3 Axis Advisors, Reuters reports. The increases do not reflect any rebates to pharmacy benefit managers and other discounts. Pfizer (PFE), Sanofi (SNY), Boehringer Ingelheim, Novartis (NVS) and GSK (GSK) are among those companies and also plan to raise prices on some drugs on January 1, the publication adds.
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