Eli Lilly CEO said he expects President Donald Trump to sign an order to reduce medication prices. Reports have indicated that a measure may be weeks away, perhaps after the Senate votes on health care reform.
Trump bashed expensive prescription drugs on the campaign trail and has vowed to lower costs. Eli Lilly, which makes products to treat diabetes, cancer and other ailments, has raised prices on numerous drugs this year.
Eli Lilly's CEO hope Trump's plan includes ideas the pharmaceutical industry has proposed, such as passing through rebates for Medicare insurance coverage gaps, pricing based on treatment outcomes, and speeding up the FDA's backlog of generic drug approvals.
He doesn't think the debate will end there. He cited Democrats' "A Better Deal" campaign, which specifically targets lowering drug prices as one of its central components.
The politicians getting donations for their campaigns from Big Pharma, and lobbied extensively by the same. Can Kory and Menendez call for lower prices?
The prices of medications in USA are the biggest exploitation of patients in the world.
The prices of medications in USA are the biggest exploitation of patients in the world.
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