Trump admin strikes zero tariff pharmaceutical deal with Britain — a move welcomed by drugmakers

Trump admin strikes zero tariff pharmaceutical deal with Britain — a move welcomed by drugmakers

 The United States and Britain announced a deal on Monday to secure zero tariffs on British pharmaceutical products and medical technology in return for Britain spending more on medicines and overhauling how it values drugs. Under the agreement, Britain will raise the net price it pays for new US medicines by 25%. In return, UK-made medicines, drug ingredients and medical technology will be exempt … Read more

Pfizer, big drugmakers expected to hike prices on at least 500 drugs in January

Pfizer, big drugmakers expected to hike prices on at least 500 drugs  in January

Drugmakers including Pfizer, Sanofi and Takeda Pharmaceutical plan to raise prices in the US on more than 500 drugs in early January, according to data analyzed by healthcare research firm 3 Axis Advisors. Excluding different doses and formulations, more than 140 brands of drugs will have their prices raised next month, the data showed. The expected price … Read more