Drug pricing in the USA - will things change under Biden?

12 October 2021

Since Donald Trump’s 2018 “American Patients First” plan, and long before, drug pricing in the USA has been both a lightning rod for strong opinions and stubbornly resistant to reform.

In a new political cycle, with several years of political squabbling behind us, it may now seem a lifetime since Mr Trump promised that drug prices would “come rocketing down.”

Yet more faint is the memory of the assertion that pharma lobbyists were “getting away with murder” - a statement which rocked stocks in the sector, as Mr Trump called for “bidding procedures” in the industry.

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