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Shot/Chaser: Drug Prices Go Up, So Do Drug Company Profits

By September 30, 2018No Comments

Big Pharma Continues to be Big Winner in Trump’s America

Meanwhile, the GOP Slashes Health Care for the Rest of Us

SHOT: A new analysis by the Associated Press, released Monday of last week, showed that drug companies have announced “far more price hikes than cuts,” despite Trump’s promise to take action on prescription drug prices.

CHASER: A new analysis by CNBC, released Friday, showed that big drug companies are “having [their] best quarter in five years.” In fact, on Friday — the very same day that House Republicans passed massive tax cuts for the rich that they plan to pay for by cutting Medicare and Medicaid — big drug and insurance company profits “[surged] to an all-time high.”