Pharma prepares to raise prices in 2019 with a wink to Trump

Cristin Flanagan and Riley Ray Griffin

December 20, 2018 2:49 pm

DRUGMAKERS ARE PREPARING to raise prices Jan. 1 following promises that they wouldn’t raise their prices in 2018. / BLOOMBERG NEWS FILE PHOTO/KIYOSHI OTA — RHODE ISLAND'S RANKING among the 50 states and the District of Columbia for opioid overdose deaths improved slightly from 2016 to 2017, but the Ocean State still had the 11th highest death rate, at 30 per 100,000, on the year. / BLOOMBERG NEWS FILE PHOTO/KIYOSHI OTA

NEW YORK - Drugmakers are getting ready to raise prices Jan. 1 on a broader swath of medicines than in prior years, according to Bernstein analyst Ronny Gal. In a move to catch up on delayed hikes from 2018, pharmaceutical companies may raise prices on about 20 percent more drugs than last year, with the average…