Trump, Pharma
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Tucked inside Trump's drug-pricing executive order is an apparent threat to withdraw drugmakers' medicines if they do not lower prices
The package revives President Donald Trump’s much-maligned Most Favored Nation rule but goes further into the private markets and beyond, leveraging the patent system, drug importation and more.
By Steve Holland, Michael Erman and Patrick Wingrove WASHINGTON (Reuters) -U.S. President Donald Trump signed a wide-reaching executive order on Monday directing drugmakers to lower the prices of their medicines to align with what other countries pay that analysts and legal experts said would be difficult to implement.
The move would align prescription costs in the US with the costs of other countries, according to the administration.
President Trump's executive order on drug pricing caused a surprising rally in pharmaceutical stocks. Read my analysis of PJP ETF.
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Sky News contributor Kosha Gada says the ability for Donald Trump not to be bought or influenced is one of the US President’s “superpowers”.
May 12 (Reuters) - Indian pharma stocks (.NIPHARM), opens new tab fell 1.6% on ... the world's media organizations, industry events and directly to consumers.
It’s drawn the industry off the sidelines, with several senior executives preparing to barnstorm Capitol Hill this week, according to nearly a dozen industry lobbyists and consultants who were not authorized to speak publicly about their efforts.
President Donald Trump on Monday signed an executive order reviving a controversial plan to lower prescription drug costs by linking the price of certain medications in the U.S. to their lower prices in other countries.
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NewsNation on MSNSpace pharmaceutical industry hopes to be future of medicineThe conditions in orbit cannot be replicated on our planet, so scientists on the ground develop pharmaceutical predictions and test them by sending modules to space. The drugs are