Trump promises ‘major news conference’ on U.S. drug prices

Bloomberg

20 March 2018 - President Donald Trump said he’ll hold a news conference in about a month on drug prices, and his health secretary said the administration will seek discounts from “middlemen” in the industry.

“We pay as a country so much more for drugs because of the drug lobbies and other reasons, and the complexity of distribution which is basically another term for saying, ‘how do we get more money,”’ Trump said during a speech on the opioid epidemic in New Hampshire. “And if you compare our drug prices to other countries in the world, in some cases it’s many times higher for the exact same pill or whatever it is in the exact same package made in the exact same plant.”

“We’re going to change that,” he said. “Watch what’s going to happen.”

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing