• Trump and Sanders find common ground in bashing drug companies

    7 monthes ago - By STAT

    SAN FRANCISCO - Senator Bernie Sanders is “a communist,” if you ask Donald Trump . And the president-elect has “dangerous and un-American” ideas for the future of the country, according to Sanders .
    But both agree on at least one thing: The pharmaceutical industry is “getting away with murder.”
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  • AbbVie vows to keep drug price increases below 10 percent

    7 monthes ago - By Reuters

    AbbVie Inc Chief Executive Richard Gonzalez on Wednesday promised to keep all drug price increases in 2017 under 10 percent, becoming the third global drugmaker to publicly make that pledge.
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  • Trump puts Big Pharma on notice: “They're getting away with murder”

    Trump puts Big Pharma on notice: “They're getting away with murder”

    7 monthes ago - By MedCity News

    President-elect Trump unleashed on the drug industry in a Wednesday morning press conference, strongly criticizing international manufacturing practices and the lack of price negotiations at home.
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  • Trump says pharmaceutical companies 'getting away with murder'

    7 monthes ago - By Reuters

    NEW YORK - U.S. President-elect Donald Trump on Wednesday said pharmaceutical companies are "getting away with murder" in the prices that they charge the government for medicines, and promised that would change.
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  • Trump's vow to crack down on outsourcing rattles drug makers with factories in Asia

    7 monthes ago - By STAT

    SINGAPORE - President-elect Donald Trump on Wednesday slammed the pharmaceutical industry for producing drugs overseas.
    “We have to get our drug industry coming back,” he said at his first press conference since the election. “They supply our drugs, but they don't make them here, to a large extent.”
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  • Fears about Trump rumble through the drug industry's biggest conference

    7 monthes ago - By STAT

    SAN FRANCISCO - President-elect Donald Trump sent biotech stocks plunging with his sharp remarks on Wednesday rapping the drug industry for “getting away with murder” on pricing and offshore production.
    And that just added to the worries furrowing brows here this week at the annual J.P. Morgan Healthcare Conference is the drug industry's biggest week of the year.
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  • Trump promises reforms on drug prices, saying companies ‘getting away with murder'

    7 monthes ago - By STAT

    President-elect Donald Trump on Wednesday pledged to change the way the federal government purchases prescription drugs, a dramatic warning to the drug industry that he is serious about keeping his campaign promises to address drug costs .
    In his first press conference as president-elect, Trump swiftly slammed the pharmaceutical industry and promised, in vague terms, to open up more bidding for medications.
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