Posted by Michael Wonder on 07 May 2018
As Trump prepares plan to lower drug prices, big pharma girds for a fight
6 May 2018 - In his State of the Union address in January and again in New Hampshire in March, President Trump made a bold promise: “You’ll be seeing drug prices falling very substantially in the not-too-distant future,” he said, “and it’s going to be beautiful.”
Not if the pharmaceutical companies can stop it.
Big Pharma is pouring money into a lobbying campaign to thwart any serious efforts to rein in prescription drug prices ahead of a presidential speech this month where Mr. Trump plans to lay out his drug pricing proposals.
