Trump, Big Pharma and drug prices
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There are many problems with the plan. It ignores the fact, for instance, that generic drugs, which make up 90% of prescriptions in America by volume, cost around a third less than in other rich countries, according to the rand Corporation, a think-tank.
The market reaction came as Trump signed a wide-ranging executive order aimed at slashing prescription drug prices in the US.
President Donald Trump took on Big Pharma Monday with an executive order that will reduce the prices for prescriptions. The
Brigham Buhler, a MAHA influencer and biotech entrepreneur, has Robert F. Kennedy’s ear. But will RFK listen to his call to let compounding
An assessment by UBS says Bristol Myers Squibb and Pfizer would be worst hit among US companies if Mr Trump’s threatened “most favoured nation” price were imposed on the top 50 medicines in the US. Eli Lilly would be among the least affected.
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The pharma industry’s reputation dropped slightly again among patient groups, largely due to drug pricing issues.
Buried in a technical document released by the Centers for Medicare and Medicaid Services is a convoluted paragraph that may translate into big problems for Johnson & Johnson, Merck, and other drugmakers.
The pharmaceutical industry, which is well known for its well-resourced lobbying campaigns, has a lesser-known tactic for influencing policy: bankrolling ostensibly independent nonprofit organizations to push industry talking points in Washington and across the nation.