Trump attacks Pfizer over drug cost in latest dig at pharma

Bloomberg

9 July 2018 - President has repeatedly criticised drug industry pricing

President Donald Trump said Pfizer should be “ashamed” for raising the prices of its pharmaceutical products, briefly rattling shares of the U.S. drug giant on Monday.

“Pfizer & others should be ashamed that they have raised drug prices for no reason,” Trump said in a tweet. “They are merely taking advantage of the poor & others unable to defend themselves, while at the same time giving bargain basement prices to other countries in Europe & elsewhere. We will respond!”

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing