Trump's pharma threats send stocks downwards

11 January 2017

Ever since his surprise US presidential election win in November, what Donald Trump’s Presidency might mean for pharma has been the subject of plenty of guesswork.

Within minutes of his first press conference as President-elect on Wednesday, Mr Trump gave his clearest indication yet – and pharma stocks reacted according.

Mr Trump called for ‘bidding procedures’ for the drug industry, saying it has a lot of lobbyists and is “getting away with murder.”

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