As He Woos Drugmakers on Virus, Trump Demands Drug Price Controls
WASHINGTON — President Trump signed a slate of executive orders on Friday targeting the high price of prescription drugs, including a still tentative plan to tie the price that Medicare pays for some drugs to the low prices that foreign countries pay.
The orders, which alone cannot change policy, recall pledges Mr. Trump made as far back as the 2016 campaign to tackle prescription drug costs, even if it means beating back opposition from the pharmaceutical industry and his own political party.
But this announcement, staged in front of a mock pharmacy, with blue bins full of white pill bottles, comes at a delicate time. Mr. Trump has placed billions of dollars in bets that giant drugmakers like Pfizer, AstraZeneca and Johnson & Johnson will deliver coronavirus treatments and vaccines in time to bolster his faltering re-election campaign. He needs those …continued .
[Source: New York Times]