Former pharma CEO Martin Shkreli, widely reviled for dramatically hiking the price of a life-saving drug used by HIV and cancer patients, is in good company.
Starting at the beginning of 2016, the pharmaceutical giant Pfizer Inc. quietly jacked up the U.S. prices of over 100 of its drugs, some by nearly a fifth.
Reuters reported the findings on Friday, citing statistics from the information services company Wolters Kluwer that were included in a research note from by UBS Securities.
“UBS said Pfizer increased prices by 20 percent for anticonvulsant Dilantin, hormone therapy Menest, angina drug Nitrostat, Tykosyn for irregular heartbeat, and antibiotic Tygacil,” Reuters noted.
“The analyst report said U.S. prices were raised on a total of 105 Pfizer drugs,” the outlet continued. “No price reductions were reported.”
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