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News  ›  Benzinga

Drugmakers Plan Fresh Price Hikes On 350 Medicines In 2026

Benzinga Logo Benzinga • •By Vandana Singh
Drugmakers Plan Fresh Price Hikes On 350 Medicines In 2026

Major pharmaceutical companies are planning price increases on at least 350 branded medicines in 2026, with a median increase of about 4%. This includes vaccines and cancer therapies, despite pressure from the Trump administration to control drug costs. Only nine drugs will see price cuts, including Jardiance which faces a 40%+ reduction following government negotiations.

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Planning price increases on multiple medicines in 2026 despite regulatory pressure, which may face public and political backlash