Jul 9, 2018 - Health

Trump blasts Big Pharma for raising drug prices "for no reason"

President Trump went after the pharmaceutical industry on Twitter Monday:

"Pfizer & others should be ashamed that they have raised drug prices for no reason. They are merely taking advantage of the poor & others unable to defend themselves, while at the same time giving bargain basement prices to other countries in Europe & elsewhere. We will respond!"

Be smart: This isn't the first time Trump has condemned drug companies for their pricing. But while the president has maintained this tough rhetoric, his recent plan to lower drug prices actually went easy on Big Pharma — and instead targeted other parts of the health care system.

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