Pfizer CEO says Trump's executive orders overhauling U.S. drug pricing will upend the industry

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Pfizer CEO says Trump's executive orders overhauling drug pricing will upend the industry.

designed to bring U.S. drug prices at least on par with their costs overseas.

Company spokeswoman Amy Rose later emailed CNBC to clarify that Bourla meant to say the orders were an "enormous distraction" for drugmakers working on coronavirus vaccines. A transcript service from data provider FactSet quoted Bourla, who is Greek and speaks with an accent, as saying the new orders would create "enormous disruption" in the industry.

Pfizer and German biotech company BioNTech said they began their late-stage human trial for a potential coronavirus vaccine on Monday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Good

Why should we Americans pay more than foreigners for research done by our fellow citizens. Remember who fights your wars. Don’t forget the story about a flag that’s finally rested. Fulfilling promises; the 50th State price for admission. Ask our nevernavy what I’m talking about

Release the cures BigPharma

Pfizer CEO is so objective about drug prices !!!! Wow.

There is a Viagra joke in there somewhere... 🤔

Good. Fuck big pharma.

Good. I wasn't able to get the rx my doctor gave me today because it was over $600. The industry needs to be upended.

Good!! My medicine shouldn’t cost $15,000 for 90 days supply. A limit needs to be set. I’m hoping this is one step closer to fixing these crazy high prices

Good, that's exactly what the people want.

That dude alone made over $16 Million last year. Gfy

Good. F 'em.

Oh, this really hurts to admit... but great job President Trump. F-Pfizer.

Get more market share, problem solved.

Good.

Cry me a river

I don't care of the devil says it. Who in the US is going to be sympathetic to the pharmaceutical industry? I live in Mexico. You would not believe the difference in medical costs, attention to patients, house calls. US medical is desperate for overall regardless of who is prez.

well, a distraction can be/turn into destruction. either way, a racket reincarnated Jesus would most def put on His 'this-time-around' shit list.

Maybe it's about time!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Pfizer, F5 Networks, Virgin Galactic and moreSee which stocks are posting big moves after the bell.
Source: CNBC - 🏆 12. / 72 Read more »