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Title : Smacking Trump: Pfizer To Enhance Prices On 41 Drugs
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Smacking Trump: Pfizer To Enhance Prices On 41 Drugs

The consider that a president tin successfully centrally excogitation drug prices or prices of whatever variety is absurd.

There volition move workarounds if possible. Otherwise, marketplace distortions volition accept place, such, every bit shortages or over supplies.

President Trump late took credit for a spend upward inwards drug prices. It was a fool's braggadocio.


Pfizer Inc. plans to resume its utilisation of raising drug prices early on adjacent twelvemonth later bowing to pressure level from President Trump over the summertime when the companionship rolled dorsum about increases, reports The Wall Street Journal.

It said it would heighten the listing prices of 41 of its prescription drugs, or 10% of its portfolio, inwards January.

Overall,  drug companies stimulate got raised listing prices on 263 drugs then far this twelvemonth past times an average of 7.8%,  according to Elliot Wilbur, a Raymond James & Associates analyst.

-RW 

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