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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBIG PHARMA LOVED TRUMP'S DRUG PRICING SPEECH
Pharmaceutical companies loved Trumps drug pricing speech, and that tells you all you need to know. Despite his promises, Trump has not taken on the pharmaceutical industry or done anything significant to lower drug costs -- and experts doubt he will.
Trumps drug plan goes easy on Big Pharma, which is not surprising after he gave them massive tax giveaways and appointed a former CEO as his HHS secretary.
Axios: Trump's plan for drug costs goes easy on Big Pharma
Washington Examiner: Big Pharma largely unscathed by Trumps drug-price crackdown
STAT News: Trump denounces middlemen, largely spares pharma in drug pricing speech
Despite Trumps promise to bring Big Pharma to justice, drug companies loved his speech as their stocks soared.
Vox: Drug company stocks really liked Fridays Trump speech on drug prices
STAT News: Trump promised to bring pharma to justice. His speech sent drug stocks soaring
MarketWatch: President Trumps big drug price speech boosts pharma stocks
Trumps drug plan does not live up to his promises, and experts doubt it will lower drug prices.
BuzzFeed: Trump Is Promising To Lower Drug Prices, But Experts Doubt It Will Happen
Los Angeles Times: Trump promises to lower drug prices, but his blueprint is less sweeping than his campaign rhetoric
https://www.democrats.org/Post/big-pharma-loved-trumps-drug-pricing-speech
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BIG PHARMA LOVED TRUMP'S DRUG PRICING SPEECH (Original Post)
NCTraveler
May 2018
OP
dawg
(10,622 posts)1. They sure did.
Pharma stocks soared. Even the PBM stocks soared.
I didn't hear the speech, but obviously Trump convinced investors that he's not doing shit about drug prices.
ProudLib72
(17,984 posts)2. But the Rump told me different
Link to tweet
Today, my Administration is launching the most sweeping action in history to lower the price of prescription drugs for the American People. We will have tougher negotiation, more competition, and much lower prices at the pharmacy counter!
democratisphere
(17,235 posts)3. drumpf actually and always does the exact opposite of what he announces
he will do. Drug prices will continue to skyrocket with stagnant wages. Total disconnect!