Trump Makes A Nasty News Day For Pharma – But What Will It Really Mean?

President-elect threatens a government bidding process to control drug pricing in his first post-election press conference.

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President-elect Donald Trump took another swipe at prescription drug pricing and challenged the biopharmaceutical industry’s reliance on ex-US tax havens during his first post-election press conference Jan. 11.

Trump’s high-profile comments sparked concern in the industry and on Wall Street, which sent drug stocks falling (see chart below)....

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