Posted by Michael Wonder on 22 Jan 2018
Trump hasn't attacked drug prices, as he promised he would, during his first year in office
19 January 2018 - President Donald Trump has repeatedly criticised the pharmaceutical industry.
Donald Trump raged against the pharmaceutical industry as a candidate. He accused drug companies of "getting away with murder" as president-elect. But he hasn't done too much to tackle prices as president yet.
Trump has occasionally criticized high drug prices, but he hasn't taken concrete actions to lower them. A wave of companies hiked prices at the turn of the new year, keeping the increases around 10 percent, a move Regeneron CEO Leonard Schleifer worries will prompt regulation, Schleifer told CNBC.
Wall Street doesn't appear to be afraid of government intervention, if stock prices are any indication.
