After Year of Vaccine Profiteering, Pfizer Hikes Prices on 125 Drugs

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'Drug corporations can do this because we let them—unlike other nations that use their purchasing power to get a better deal,' said DavidP4AD of P4AD_.

from its coronavirus vaccine in 2021, the U.S.-based pharmaceutical giant Pfizer has kicked off the new year by hiking the prices of more than 120 of its drugs, resulting in significantly higher costs for patients amid a deadly pandemic.released Thursday by Patients for Affordable Drugs , which found that pharmaceutical companies have raised the prices of 554 medicines this month alone.

"Despite this record revenue in 2021," the report continues,"Pfizer began 2022 with price hikes on seven of its 10 best-selling drugs," including its pneumonia vaccine , a breast cancer medication , and a treatment for people with cardiovascular disease . "With the price increasing again," said Suder,"I worry about how I'll make ends meet while still affording my drugs."

 

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