Pfizer to raise U.S. drug prices in January after previously backing down

The largest U.S. drugmaker said in a statement that the increases would be on around 10 percent of its medicines.Pfizer said it would raise the list price of most of the drugs by 5 percent, while prices for three will rise by 3 percent, and the price of one by 9 percent, all effective Jan. 15.Pfizer said it does not expect the price increases to boost its revenue in the United States next year as it believes that rebates to insurance companies and pharmacy benefit managers (PBMs) will offset the