Trump Blasts Pfizer for Price Hikes - Diverse Health

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Trump Blasts Pfizer for Price Hikes

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by Eric Sagonowsky

President Donald Trump is trying to shame the largest U.S. drugmaker for hiking prices after he earlier said industry players were planning “massive” price reductions. He said Pfizer and others “should be ashamed that they have raised drug prices for no reason” while suggesting some unspecified retaliation.

A Pfizer spokesperson said the company markets more than 400 drugs and vaccines, and recently modified prices on about 10% of its portfolio, including some price reductions.

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