Patents give you monopoly pricing power and patented drugs have huge gross profit margins. Given that, while part of the price increase will be passed on to consumers sellers will also cut prices.

To put it simply if they could charge higher prices without losing volume they already would because no one else can produce that drug so there is no competition to keep prices down.

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surgical_fire 2 hours ago | parent [-]

I think they will just pass the tariffs on and that will be it.

Corporations are notoriously greedy.

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peyton 2 hours ago | parent [-]

Your positions are:

1. Corporations are greedy

2. Corporations will pass the tariff onto customers

#1 would imply drug companies charge the maximum price the market will bear. If so, how will they accomplish #2?

	▲	surgical_fire an hour ago \| parent [-]
		Whenever they have an excuse to increase prices, they do. Mostly because when the tariffs go away they can stick to the current price. Tariffs are perfect in that it is not even an excuse. Maybe they can throw in an extra for their pocket too.