WASHINGTON (Reuters)—U.S. President Donald Trump slammed the pharmaceutical industry for high prices of prescription drugs on Thursday and vowed to allow U.S. states to buy medicines from other countries if they cost less.
Trump, who campaigned on a platform to reduce drug prices for U.S. consumers, has taken few concrete steps to lower medication costs since taking office in 2017, and has so far largely relied on personal talks with company executives and industry promises to voluntarily roll back prices or limit price hikes.
At a White House event on hospital billing, the Republican president criticized drug companies for what he said were unfair practices that gave other countries better deals than the United States.
“We may allow states to buy drugs in other countries if we can buy them for … a substantially less price,” Trump said. “The drug companies have treated us very, very unfairly.”| | | Next → | Single Page