Posted by Michael Wonder on 04 Aug 2018
How drug companies are beating Trump at his own game
3 August 2018 - Recent price freezes and rollbacks are symbolic measures with little lasting impact.
A July tweet from President Donald Trump sent panic through the C-suites of some of the world’s biggest drug companies, prompting Pfizer and nine other companies to roll back or freeze prices.
But there’s less to those announcements than meets the eye. The gestures turned out to be largely symbolic — efforts to beat Trump at his own game by giving him headlines he wants without making substantive changes in how they do business.
