The Bully Pulpit: Trump Versus Drug Prices
Medicare price negotiation is not a new idea – nor is the concept of using the Presidential megaphone to talk down drug prices. Will Trump and Twitter turn it into something bigger?
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Plan would empower new agency to investigate and potentially fine drug manufacturers that make unjustified price increases.
For industry, the sole health agency head held over from the Obama Administration means the ‘Moonshot’ priorities will move forward – and one possible threat to pricing is cut off.
President-elect threatens a government bidding process to control drug pricing in his first post-election press conference.