As patients struggle to pay for their premiums and their medications, this dude just got some good news. Pfizer CEO Ian Read got a 61% pay raise—to $27.9 million—as their drug prices continue to climb. How much? In a recent three-week span, the company hiked 116 drug prices as much as 9.46 percent. Additionally, Pfizer had increased the prices of 91 drugs by an average of 20 percent in just the first half of 2017.
Now, let’s not feel too sorry for these companies as they cry poor mouth and that they are losing money.