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Trump blasts drugmakers, middlemen for high U.S. drug prices

Reuters  |  WASHINGTON 

By Yasmeen AbutalebWASHINGTON (Reuters) - U.S. President Donald Trump on Friday blasted drugmakers and healthcare "middlemen" for making prescription drugs unaffordable for Americans, but healthcare stocks rose as experts said the administration avoided taking aggressive and direct measures to cut drug prices.Trump said his administration would take aim at the "middlemen" in the drug industry who became "very very rich," an apparent reference to health insurers and pharmacy benefit managers. He also said the pharmaceutical industry is making an "absolute fortune" at the expense of American ...

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First Published: Sat, May 12 2018. 01:27 IST
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