Trump drug pricing order may be weeks away

CNBC News

20 June 2017 - The White House may wait until after the Senate calls a vote on health reform before issuing an executive order on drug pricing.

Donald Trump made several campaign promises about targeting the price of prescription drugs. Now, he plans to make good on those promises, sources say, but any action may be weeks away and lack the teeth that scared investors away from the biotech sector.

The White House may wait until after the Senate calls a vote on health reform before issuing an executive order on drug pricing, according to people familiar with the administration's approach, who asked to remain anonymous as the plans aren't yet public.

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing