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Drug Prices in the U.S. to Cost More in 2020 as Major Pharmaceutical Brands are Planning to Charge More
The beginning of 2020 in the U.S. has brought financial setback for the Americans, as major pharmaceutical companies like Pfizer, GlaxoSmithKline PLC, and Sanofi SA are expected to increase the cost of over 200 medications, effective from New Year’s Day. The list of drugs that will cost more is yet to be released, and the price hikes are expected to be less than 10% across the board, likely due to politician’s and patient’s pressure.
