Trump is enlisting Big Pharma to stem the coronavirus crisis — and the industry hopes to win him over

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Trump enlists Big Pharma to stem the coronavirus crisis — and the industry hopes to win him over

"Today, we are meeting with the pharmaceutical and biotechnology companies — the biggest in the world, most prestigious, the ones that get down to the bottom line very quickly," Trump declared at the meeting's onset.

Drug companies have for years argued that higher list prices are needed to help pay for important research and development. Critics have said the revenue they've generated by increasing the price of their drugs far exceeds that which they spend on research. "They're trying to make that subtle point of: 'you can't tie one arm behind our back,'" said one of the people.$8.3 billion emergency coronavirus spending

The final bill did restate a "fair and reasonable" provision that gives the HHS secretary responsibility for ensuring vaccines are affordable in the commercial market.

 

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Who else would you enlist the rush Limbaugh supporters🤡🤡🤡

LaurenSHirsch Why is InovioPharma the only company that was at this summit not mentioned in your article. Since Monday this stock has gone from $4 to $14. Why were they excluded in this report coronavirus $INO

Yesterday they were the enemy, now he wants them to be his best friend.

xscoutie Make sure you check his stock purchases.

Lol

Big Pharma: We'll find the cure Mr President, but what would really help is if you squashed all attempts to regulate drug prices. Trump: Okay. BP: Great, we'll go back to what we were already doing. Trump: I cured Tequila Flu.

Nearly 400 Italians lost their lives because of the virus, this is not the flu, Mr. President, stop all boring political rallies.

Also wants a cut of those vaccine profits $$$$.

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