File this under “What were they thinking?”
For the second time this year, Pfizer has made substantial price hikes on some of its medicines, a move that disregards blistering criticism of the pharmaceutical industry over the cost of prescription drugs.
Specifically, the drug maker raised prices for 91 medicines on June 1 by between 5 percent and 13 percent, according to The Financial Times. This marks the second time this year that Pfizer boosted prices and, when factoring in price hikes made last January, the company has raised prices an average of 20 per cent this year.
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geee,,,maybe its because all MEDICINE manufacturers are being sued by Adults who’s 30 year old ,”babies,”choose to use medicines like idiots,,,,,,maryw
If one wants to ‘observe’ that ‘Big Pharma’ is … uh, ‘s______g’ the customers, then using price increases on ‘the little blue pill’ is a fine point of emphasis.
New normal when one cannot create and develop new drugs for masses or expensive drugs for limited patients. Revenue has to go up to look good.
Shall we call this a ‘side effect’ of the Viagra patent extension to March 2020?