Regardless of what you think about President Trump's politics or his behavior, the fact is he is the President of the United States of America. If you live in our country and especially if you operate an addiction treatment facility you should pay attention.
President Trump is aiming to lighten regulatory procedures and red tape which often hamper innovation and keep drug prices high.
Here is what the article states-
In the early days of his administration, President Trump did not hesitate to bash the drug industry. But a draft of an executive order on drug prices appears to give the pharmaceutical industry much of what it has asked for — and no guarantee that costs to consumers will drop.
The draft, which The New York Times obtained on Tuesday, is light on specifics but clear on philosophy: Easing regulatory hurdles for the drug industry is the best way to get prices down.
The proposals identify some issues that have stoked public outrage — such as the high out-of-pocket costs for medicines — but it largely leaves the drug industry unscathed. In fact, the four-page document contains several proposals that have long been championed by the industry, including strengthening drugmakers’ monopoly power overseas and scaling back a federal program that requires pharmaceutical companies to give discounts to hospitals and clinics that serve low-income patients. Read the rest of the story here.
The discussed article What’s Next For President Trump And The Drug Industry? Read more on: https://www.addictionmarketing.agency
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https://www.addictionmarketing.agency/draft-order-on-drug-prices-proposes-easing-regulations/
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