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Americans brace for higher costs as Big Pharma defies Trump, hikes prices on 350 medicines

Pharmaceutical manufacturers plan typical 4% list price increases on 350 branded drugs in 2026, despite political pressure and some targeted price cuts, experts say.

Summary by Firstpost News
US pharmaceutical firms plan to increase list prices on at least 350 branded medicines in 2026, including key Covid vaccines and cancer drug Ibrance, despite pressure from the Trump administration for reductions.

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Firstpost News broke the news in Mumbai, India on Friday, January 2, 2026.
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