How has Big Pharma responded to the dire and uncertain circumstances facing American’s health and pocketbooks? By jacking up prescription drug prices and likely jabbing patients not just in the arm but also the wallet for a prospective coronavirus vaccine.
As the online news and politics site Politico reported:
“Drug makers raised the price of hundreds of medicines during the coronavirus pandemic, even in the face of Trump administration vows to crack down on surging drug costs and efforts to tack price controls on Covid-19 relief packages. Pharmaceutical companies logged more than 800 price increases this year and adjusted the cost of 42 medicines upward by an average of 3.3% so far in July, according to GoodRx, which tracks the prices consumers pay at pharmacies.