{"id":484500,"date":"2026-01-01T10:13:10","date_gmt":"2026-01-01T10:13:10","guid":{"rendered":"https:\/\/www.europesays.com\/us\/484500\/"},"modified":"2026-01-01T10:13:10","modified_gmt":"2026-01-01T10:13:10","slug":"exclusive-drugmakers-raise-us-prices-on-350-medicines-despite-pressure-from-trump-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/484500\/","title":{"rendered":"Exclusive: Drugmakers raise US prices on 350 medicines despite pressure from Trump"},"content":{"rendered":"<ul data-testid=\"Summary\" class=\"summary-module__summary__QjADA\">\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Number of hikes rises from same time a year ago<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Median list price increase is 4%, in line with 2025<\/li>\n<li data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf summary-module__point__UgXPz\">Includes 5 drugmakers who struck pricing deals with Trump administration<\/li>\n<\/ul>\n<p>NEW YORK, Dec 31 (Reuters) &#8211; 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.<\/p>\n<p>The number of price increases for 2026 is up from the same point last year, when drugmakers unveiled plans for raises on more than 250 drugs. The median of this year&#8217;s price hikes is around 4% &#8211; in line with 2025.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/business\/healthcare-pharmaceuticals\/drugmakers-raise-us-prices-350-medicines-despite-pressure-trump-2025-12-31\/undefined?location=article-paragraph&amp;redirectUrl=%2Fbusiness%2Fhealthcare-pharmaceuticals%2Fdrugmakers-raise-us-prices-350-medicines-despite-pressure-trump-2025-12-31%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" target=\"_blank\" rel=\"noopener\">here.<\/a><\/p>\n<p>The increases do not reflect any rebates to pharmacy benefit managers and other discounts.<\/p>\n<p>DRUGMAKERS ALSO CUT SOME PRICES<\/p>\n<p>Drugmakers also plan to cut the list prices on around nine drugs. That includes a more than 40% cut for Boehringer Ingelheim&#8217;s diabetes drug Jardiance and three related treatments.<\/p>\n<p>Boehringer Ingelheim and Eli Lilly <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/LLY.N\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(LLY.N), opens new tab<\/a>, which sell Jardiance together, did not immediately respond to requests for comment on the reason for the price cuts.<\/p>\n<p>Jardiance is among the 10 drugs for which the U.S. government negotiated a lower price for the Medicare program for people aged 65 and older in 2026. Under those negotiations, Boehringer and Lilly slashed the Jardiance price by two-thirds.<\/p>\n<p>U.S. patients currently pay by far the most for prescription medicines, often nearly three times more than in other developed nations, and Trump has been pressuring drugmakers to lower their prices to what patients pay in similarly wealthy nations.<\/p>\n<p>The increases on 350 medicines come even as Trump has struck deals with 14 drugmakers on prices of some of their medicines for the government&#8217;s Medicaid program for low-income Americans and for cash payers. Pfizer <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/PFE.N\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(PFE.N), opens new tab<\/a>, Sanofi <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/SASY.PA\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(SASY.PA), opens new tab<\/a>, Boehringer Ingelheim, Novartis <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/NOVN.S\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(NOVN.S), opens new tab<\/a> and GSK <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/GSK.L\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(GSK.L), opens new tab<\/a> are among those companies and also plan to raise prices on some drugs on January 1.<\/p>\n<p>&#8220;These deals are being announced as transformative when, in fact, they really just nibble around the margins in terms of what is really driving high prices for prescription drugs in the U.S.,&#8221; said Dr. Benjamin Rome, a health policy researcher at Brigham and Women&#8217;s Hospital in Boston.<\/p>\n<p>Rome said the companies seem to be maximizing prices while negotiating discounts behind the scenes with health and drug insurers and then setting yet another price for direct-to-consumer cash-pay sales.<\/p>\n<p>U.S. flag and medicines are seen in this illustration taken, June 27, 2024. REUTERS\/Dado Ruvic\/Illustration <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reutersconnect.com\/item\/illustration-shows-us-flag-and-medicines\/dGFnOnJldXRlcnMuY29tLDIwMjQ6bmV3c21sX1JDMllKOEFLV0MwRA%3D%3D\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76 collapsible-caption-module__license__CPQvV\">Purchase Licensing Rights, opens new tab<\/a><\/p>\n<p>An HHS spokesman declined to comment.<\/p>\n<p>In recent years, drugmakers scaled back increases after coming under fire for larger price hikes in the middle of the last decadeKEEPING UP WITH INFLATION<\/p>\n<p>Pfizer announced the most list price hikes, on around 80 different drugs including cancer drug Ibrance, migraine pill Nurtec, and COVID treatment Paxlovid, as well as some administered in hospitals such as morphine and hydromorphone.<\/p>\n<p>Most of Pfizer&#8217;s increases are below 10%, except for a 15% hike of COVID vaccine Comirnaty, while some of its relatively inexpensive hospital drugs saw more than four-fold increases.<\/p>\n<p>Pfizer said in a statement it had adjusted the average list price of its innovative medicines and vaccines for 2026 below the overall rate of inflation.<\/p>\n<p>&#8220;The modest increase is necessary to support investments that allow us to continue to discover and deliver new medicines as well as address increased costs throughout our business,&#8221; the company said.<\/p>\n<p>Larger U.S. drug price increases were once far more common. Drugmakers have scaled them back due to criticism from lawmakers and new government policies, such as penalizing companies that charge Medicare program prices that rise faster than inflation.<\/p>\n<p>European drugmaker GSK plans to increase prices on around 20 drugs and vaccines from 2% to 8.9%. The drugmaker said it is committed to reasonable prices and the hikes are needed to support scientific innovation.<\/p>\n<p>Sanofi and Novartis did not respond to requests for comment.<\/p>\n<p>More price hikes and cuts can be expected in early January, which is historically the biggest month for drugmakers to raise prices.<\/p>\n<p>3 Axis is a consulting firm that works with pharmacist groups, health plans and some pharmaceutical industry-related groups on drug pricing and supply chain issues. It is a related entity to, and shares staff with, drug pricing non-profit 46brooklyn.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Michael Erman ; editing by Caroline Humer<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Number of hikes rises from same time a year ago Median list price increase is 4%, in line&hellip;\n","protected":false},"author":3,"featured_media":484501,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[216147,217542,216192,100774,216146,217559,216194,216409,217360,219119,216411,216215,216164,217356,216153,103001,217540,216148,217547,217905,155786,217657,165856,217346,210,217347,4630,1060,219117,216149,216143,217358,219118,216407,216155,217348,217349,217350,165860,33106,217029,216408,67,132,68,83854,217353],"class_list":{"0":"post-484500","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-medication","8":"tag-amers","9":"tag-anlins","10":"tag-bact","11":"tag-biz","12":"tag-ceeu","13":"tag-ch","14":"tag-cmpny","15":"tag-destlita","16":"tag-destohlt","17":"tag-destoinn","18":"tag-destopub","19":"tag-destousbsm","20":"tag-destousdnm","21":"tag-destoushem","22":"tag-destoustpm","23":"tag-emea","24":"tag-erep","25":"tag-europ","26":"tag-exclsv","27":"tag-ezc","28":"tag-fr","29":"tag-gb","30":"tag-gen","31":"tag-hea","32":"tag-health","33":"tag-heca","34":"tag-legal","35":"tag-medication","36":"tag-mevn","37":"tag-namer","38":"tag-news1","39":"tag-nrlpaohlt","40":"tag-nrlpaoinn","41":"tag-nrlpaopub","42":"tag-packageus-top-news","43":"tag-phar","44":"tag-phar1","45":"tag-phmr","46":"tag-pol","47":"tag-potus","48":"tag-publ","49":"tag-reuters-legal","50":"tag-united-states","51":"tag-unitedstates","52":"tag-us","53":"tag-wash","54":"tag-weu"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115819315926182998","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/484500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=484500"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/484500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/484501"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=484500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=484500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=484500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}