Potential drug price hike could be a hard pill to swallow

Radio New Zealand

3 February 2017 - New Zealand may have to swallow higher drug prices if it wants a trade deal with the United States.

US President Donald Trump had already set out one bottom line for a bilateral trade deal with prospective suitors: a 30-day break clause in agreements, which New Zealand Prime Minister Bill English called unattractive.

This week Mr Trump told American pharmaceutical executives that other countries had not paid their fair share, and US trade policy would change to ensure that happens.

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Michael Wonder

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Michael Wonder

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Medicine , New Zealand , Pricing