STREAMING NOW: Watch Now

Pfizer to raise prices on Lyrica, Viagra, 39 other medications

This comes just months after President Trump criticized Pfizer for earlier plans to increase drug costs.

Posted: Nov 19, 2018 7:33 AM

Prescription drug company Pfizer plans to increase prices on 41 different prescription drugs, Stocks Beat reported. The increases involve some of the most commonly prescribed drugs like Lyrica, which will see a 9% increase, and Viagra, which will increase in cost by 13%. This comes just months after President Trump openly talked about his opposition to any drug prices increases during a speech this past summer. Pfizer initially backed off plans to increase prices.

The increases are expected for the advertised prices. These may vary from what insurers pay. Outgoing CEO Ian Reed released the following statement:

"We believe the best means to address affordability of medicines is to reduce the growing out-of-pocket costs that consumers are facing due to high deductibles and co-insurance, and ensure that patients receive the benefit of rebates at the pharmacy counter."

The price hike is expected to go into effect on January 15.

Huntsville
Scattered Clouds
71° wxIcon
Hi: 88° Lo: 70°
Feels Like: 71°
Florence
Few Clouds
72° wxIcon
Hi: 91° Lo: 70°
Feels Like: 72°
Fayetteville
Clear
72° wxIcon
Hi: 88° Lo: 69°
Feels Like: 72°
Decatur
Clear
70° wxIcon
Hi: 89° Lo: 70°
Feels Like: 70°
Scottsboro
Clear
68° wxIcon
Hi: 87° Lo: 68°
Feels Like: 68°
WAAY Radar
WAAY WAAY-TV Cam
WAAY Temperatures

Alabama Coronavirus Cases

Confirmed Cases: 18630

Reported Deaths: 646
CountyConfirmedDeaths
Mobile2271118
Jefferson1859103
Montgomery175843
Tuscaloosa79916
Marshall7009
Franklin5628
Lee55033
Shelby52220
Tallapoosa42765
Butler41418
Unassigned3842
Walker3702
Elmore3628
Chambers35825
Madison3434
Baldwin2929
Morgan2871
Dallas2793
Etowah26012
Lowndes25212
DeKalb2493
Coffee2381
Autauga2335
Sumter2247
Houston2214
Bullock2096
Pike2060
Colbert1862
Russell1750
Hale1759
Barbour1721
Marengo1716
Lauderdale1662
Calhoun1643
Choctaw15310
Wilcox1507
Cullman1471
Clarke1462
St. Clair1281
Randolph1277
Dale1220
Marion12211
Pickens1184
Talladega1175
Limestone1080
Chilton1031
Greene954
Winston900
Macon854
Covington811
Jackson812
Henry802
Bibb761
Crenshaw753
Escambia723
Washington716
Blount631
Lawrence500
Monroe432
Geneva430
Perry420
Conecuh411
Coosa401
Cherokee383
Clay282
Lamar260
Fayette160
Cleburne151

Tennessee Coronavirus Cases

Confirmed Cases: 22566

Reported Deaths: 364
CountyConfirmedDeaths
Davidson504062
Shelby4943111
Trousdale13924
Rutherford119623
Sumner88145
Hamilton79415
Bledsoe6071
Williamson55210
Putnam4795
Robertson4653
Tipton4423
Out of TN4184
Lake4140
Wilson4078
Knox3755
Bedford2834
Montgomery2693
Rhea2100
Hardeman1960
Madison1752
Loudon1430
McMinn14114
Macon1363
Cheatham1230
Bradley1221
Fayette1152
Cumberland1121
Dickson1090
Unassigned920
Blount913
Maury890
Sevier812
Washington750
Coffee730
Wayne640
Gibson631
Monroe622
Sullivan602
Hickman580
Lauderdale561
Franklin531
Greene502
Dyer500
Marion401
Anderson401
DeKalb370
Hamblen362
Smith341
White330
Hawkins332
Lawrence310
Grundy311
Haywood312
Marshall311
Obion301
Henry300
Jefferson280
Carroll271
Overton260
Meigs260
Weakley260
Lincoln250
Warren230
Cannon210
Perry210
Cocke200
Carter191
Campbell181
Morgan170
Jackson170
Crockett162
Roane160
Polk160
Johnson160
Henderson150
Hardin152
Sequatchie150
Humphreys131
Fentress120
McNairy120
Chester120
Giles120
Scott120
Stewart110
Claiborne90
Houston80
Grainger80
Clay70
Benton71
Decatur50
Unicoi40
Union40
Van Buren40
Lewis30
Pickett30
Moore30
Hancock10

 

 

Community Events