Biotech Values

[DewDiligence]

More on the same topic (Trump and drug prices):

https://www.washingtonpost.com/news/wonk/wp/2016/12/07/trump-takes-aim-at-drug-companies-i-dont-like-what-has-happened-with-drug-prices

“I’m going to bring down drug prices,” Trump told Time in an interview in his dining room after the election. “I don’t like what has happened with drug prices.”

No additional detail about what Trump would do to lower drug prices was available, and his transition team did not immediately respond to requests for more information.

But Adam Fein, president of Pembroke Consulting, a firm focused on pharmaceutical economics, said that what Trump may be doing is sending a signal to the industry.

“Historically, a lot of manufacturers have increased the prices of their products at the beginning of the year,” Fein said. “I think that president-elect Trump is trying to send a message to sort of encourage manufacturers to not take their usual price increases...”

Trump's statement was not made today, although many people apparently think it was.