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Trump’s drug price ultimatum sets pharma firms scrambling

A variety of generic pills and capsules. Nenov | Moment | Getty Images Pharmaceutical firms are scrambling to respond to a fresh ultimatum from U.S. President Donald Trump demanding “binding commitments” to lower their drug prices stateside. The White House said Thursday that President Trump had sent letters to 17 major pharmaceutical firms outlining the…

Trump 200% pharma tariffs threaten to push up drug prices, hit margins

Sagar12 months ago04 mins

Shelf of pharmaceutical products. D3sign | Moment | Getty Images The pharmaceutical industry is scrambling with scenario planning as U.S. President Donald Trump’s 200% tariff proposal threatens to drive up drug prices and rip out corporate profit margins. The president once again warned on Tuesday that long-awaited industry-wide tariffs would be announced “very soon” after…

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Trump’s drug price ultimatum sets pharma firms scrambling

Trump 200% pharma tariffs threaten to push up drug prices, hit margins