US drugmakers will raise prices on 350 medicines - what it means for patients

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Arman Korzhumbayev Editor-in-Chief
Photo by: ewastudio/Getty Images

Prescription drugs in the United States are about to get more expensive again. Major pharmaceutical companies say that starting in early 2026 they will increase prices on at least 350 branded medications - despite pressure from President Donald Trump’s administration to make medicines more affordable, DKNews.kz reports.

That’s significantly higher than last year, when companies announced increases on roughly 250 products.

How much will prices rise

On average, price hikes are expected to be around 4%.

According to drugmakers, that:

  • roughly matches 2025 levels
  • remains below overall inflation

Among the medications affected:

  • COVID-19 vaccines
  • RSV vaccines
  • shingles treatments
  • the cancer drug Ibrance

The largest round of increases comes from Pfizer, which will adjust prices on about 80 medicines, mostly by less than 10%.

Why pharma says prices are going up

Companies point to rising costs:

  • research and clinical trials are more expensive
  • manufacturing and logistics costs are higher
  • continued investment in new drugs and vaccines is needed

They insist this is not about “profiting off patients” but about “supporting innovation”.

Still, for people at the pharmacy counter, the bills will be higher.

Politics vs Big Pharma: who wins

The Trump administration argues that drug prices in the US are too high and the system needs reform.

The government is trying to:

  • push tougher negotiations with manufacturers
  • expand public programs
  • increase competition

Yet pharmaceutical giants continue adjusting price lists - gradually and consistently.

What it means for ordinary people

Even a 4% increase can mean:

  • higher out-of-pocket costs
  • more pressure on insurers
  • rising costs across healthcare programs

And for people who rely on lifelong medications - it’s especially painful.

Judging by industry signals, the slow upward trend is likely to continue.

DKNews International News Agency is registered with the Ministry of Culture and Information of the Republic of Kazakhstan. Registration certificate No. 10484-AA issued on January 20, 2010.

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