Pharma markets increasingly ignore Trump pricing rhetoric

10 July 2018

In a sign that pharma investors are becoming increasingly inured to outpourings from US President Donald Trump around drug pricing, markets were unrattled on Monday by a furious tweet singling out New York’s Pfizer (NYSE: PFE).

Referring to the the pharma major’s recent decision to increase the price of 100 products from the start of July, he said: "Pfizer & others should be ashamed that they have raised drug prices for no reason.”

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