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Drugmakers take steps to fend off future attacks

Worried about drawing Trump's ire, they aim to limit price increases and lobbying groups have pushed ahead with major campaigns intended to win back the narrative

Published Sun, Dec 11, 2016 · 09:50 PM
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New York

IF the nation's pharmaceutical executives thought Donald Trump would grant them a reprieve from scrutiny over high drug prices, he made them reconsider that idea in the last few days.

"I'm going to bring down drug prices," he told Time magazine in an interview published on Wednesday. "I don't like what's happened with drug prices."

Biotech stocks promptly fell nearly 3 per cent on Wednesday. They recovered …

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