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Has a potential presidential order drawn a sharp response from major pharmaceutical companies?

Friday, August 7, 2020
By Oliva Fore
YES

A Trump proposal to link U.S. prescription-drug prices to prices in other countries drew immediate, public opposition from large drug companies.

The five largest drug makers have declined invitations to meet with the President A manufacturing-industry lobbying group produced an ad criticizing the proposal. The group claims the proposal would stifle drug innovation, relying on "price-setting schemes manipulated by foreign governments have no place in our economy."

Trump said he would drop the order if the industry comes up with a better idea by Aug. 24. "We may not need to implement the fourth executive order, which is a very tough order for them," he said.

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