He can shame Pfizer and others, but Trump doesn’t have a practical way to lower drug prices
Trump can threaten all he wants. But his ranting reveals an inability to accept that delivering on his promise will be much harder than he realized.
by Ed Silverman
Jul 09, 2018
3 minutes
Even in the boardrooms of Pfizer, they had to have expected President Trump’s Twitter outburst on Monday. If anything, the Pfizer executives set themselves up to be a target.
Let’s look back to the end of May, when Trump promised that some big drug makers would take “voluntary, massive” price cuts in two weeks.
Well, it’s been close to six weeks and, so far, most large brand-name drug makers , although few companies raised prices by any meaningful amount, either. This is a time of year,
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