Trump vows crackdown on drug prices amid speak with pharma CEOs
Donald Trump met with drugmakers on Tuesday to plead drug prices, that a new boss says are distant too high. (Gregory Bull/Associated Press)
President Donald Trump says he wants to revoke drug prices and move curative companies behind to a United States.
Trump met with executives during drugmakers Merck, Eli Lilly and others during a White House Tuesday, revelation fabricated reporters “we’re going to be changing a lot of a rules” with regards to drug approvals.
“We have to get prices down for a lot of reasons,” Trump said.
The new boss also took aim during his chronicle of “global freeloading” whereby prices of drugs invented and made by American companies eventually get sole to building markets for a fragment of a strange cost once they have come off patent.
“Our trade process will prioritize that unfamiliar countries compensate their satisfactory share for U.S. made drugs so a drug companies have larger financial resources to accelerate a growth of new cures,” he said. “Right now, it’s really astray what other countries are doing to us.”
The boss also vowed to revoke a prices of Medicare and Medicaid, and pronounced he will soon name a “fantastic person” to conduct a U.S. Food and Drug Administration, that oversees a innumerable regulations that oversee drugs sole in a U.S.
More to come
Article source: http://www.cbc.ca/news/business/trump-drug-prices-1.3959759?cmp=rss