Michelle420
Diamond Member
"We have to get prices down for a lot of reasons. We have no choice, for Medicare and Medicaid," Trump said at the meeting, citing the nation's government insurance programs for the elderly, the poor and the disabled that together are the largest U.S. purchaser of medications.
Trump also said currency devaluation by other countries had increased drugmakers' outsourcing their production and called on the companies to make more of their products in the United States.
He added that foreign countries must pay fair share for drug development costs.
"We're going to end global freeloading," Trump said.
Trump spooked investors in the pharmaceuticals and biotech sectors by saying on Jan. 11, before his inauguration, that drug companies were "getting away with murder" on what they charged the government for medicine and that he would do something about it.
Trump pushes drugmakers for lower prices, more U.S. production
I wish he would legalize medical marijuana.