Nov 26, 2018
After a July Twitter attack by President Trump, Pfizer, the giant pharmaceutical company, said it would put off raising prices on about 100 drugs it manufactures.
Trump said he had a plan for improving the cost of drugs in the U.S. health care system. There are no specifics yet, since neither Trump nor any other politician has dared to interfere with Big Pharma and their right to make all the money the market will bear! (Pfizer gained 16 billion dollars in profits for the year of 2017, and 14 billion in profits for the year 2016.)
Pfizer now announces it will raise the price of ONLY 41 drugs, on January 1, 2019.
The president can say he protected us. Pfizer can say it stepped back to help health care users.
What a win-win! Except for those who need the drugs and now have to pay more!