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flag Drug companies plan to raise prices on over 250 medications by a median of 4.5% starting Jan. 1, 2025.

flag Pharmaceutical companies plan to raise the prices of over 250 branded medications in the U.S. starting January 1, 2025, including Pfizer's Paxlovid and cancer treatments from Bristol Myers Squibb. flag The median price increase is 4.5%, similar to last year. flag These are list prices, not including discounts and rebates. flag The U.S. pays the highest prices globally for prescription drugs, and drugmakers have scaled back larger price increases after facing criticism.

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