Trump criticizes Pfizer following price increase
President Donald Trump on Monday launched a new attack on the pharmaceutical industry, singling out drug giant Pfizer for raising the price of medicines.
“Pfizer & others should be ashamed that they have raised drug prices for no reason,” Trump posted on Twitter. “They are merely taking advantage of the poor & others unable to defend themselves, while at the same time giving bargain basement prices to other countries in Europe & elsewhere. We will respond!”
Trump’s tweet comes six weeks after he announced that drugmakers would voluntarily offer “massive” price cuts, a pronouncement that took the industry by surprise.
