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Trump says Pfizer is rolling back drug price hikes

Reuters  |  WASHINGTON 

(Reuters) - U.S. on Tuesday said Inc was rolling back drug prices after he spoke with Pfizer's and U.S. and

"We applaud for this decision and desire other companies do the same," Trump said in a tweet. On Monday, Trump took aim at and other U.S. drugmakers after they raised prices on some of their medicines on July 1, saying his administration would act in response.

(Reporting by Eric Walsh; Editing by Leslie Adler)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, July 11 2018. 04:32 IST