Trump thanks Novartis, Pfizer for not raising drug prices

Donald Trump

Donald Trump

"Thank you to Novartis for not increasing your prices on prescription drugs".

Trump has pressured drug companies to keep prices low, and met with Pfizer after it announced price increases for more than 100 drugs.

Merck's announcement comes days after Novartis decided against raising US prices on its prescriptions drugs, and Pfizer recently postponed planned price increases for almost 100 drugs, a decision that came after a meeting with the president. The move prompted Pfizer to defer its increases until the end of the year and Novartis to commit to not increasing prices for the rest of the year.

"We applaud Pfizer for this decision and hope other companies do the same", Trump said in a July 10 tweet.

Swiss drugmaker Novartis said on Tuesday it would not raise prices on its US products for the remainder of the year, following a similar move by Pfizer the week prior.

On Wednesday, Azar submitted a proposal to the White House that would cut rebates offered to insurers and pharmacy-benefit managers, a measure drug companies have not backed.

Vinícius Júnior fue presentado oficialmente como jugador del Real Madrid
Me he acostumbrado porque mis agentes y mi familia me dan el mayor apoyo posible para que yo me preocupe nada más que de jugar. Vinicius apuntó que no tiene favoritos entre sus compañeros: "Todos los jugadores son mis favoritos".

"We thought that was prudent given the dynamic environment that we're now in".

We are also lowering our price on ZEPATIER by 60 percent and several other medicines by 10 percent to reduce out-of-pocket costs for patients across the country.

Trump announced in May a plan to lower drug prices by, among other things, giving the government better tools to negotiate drug prices for Medicare beneficiaries and counter foreign government regulations that often keep drug prices artificially low. Amid Merck CEO Ken Frazier's withdrawal from Trump's manufacturing council, Trump tweeted that the move would give Frazier more time to "LOWER RIPOFF DRUG PRICES!"

Merck said in a press release Thursday that it has "a long history of responsible drug pricing".

Pharmaceutical Research and Manufacturers of America spent $5.54 million between April and June, down 7.7 percent from the same period past year, according to disclosures released by the federal government on Friday.

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