Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Trump says he expects to see lower drug prices

U.S. President Donald Trump leads a Cabinet meeting on day 12 of the partial U.S. government shutdown at the White House in Washington, U.S., January 2, 2019. REUTERS/Jim Young

WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday said he expects to see a tremendous decrease in drug prices even as drugmakers have taken steps to raise the prices of their medicines starting this month.

Trump made the comments during a meeting of his Cabinet at the White House that included U.S. Health Secretary Alex Azar. According to documents seen by Reuters, nearly 30 pharmaceutical companies have taken steps to end their self-declared halt to price increases this year.

(Reporting by Jeff Mason,; Writing by Susan Heavey and Tom Brown)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.