On Tuesday Trump signed an executive order aiming to delay Medicare negotiations for a broad category of prescription drugs, handing the pharmaceutical industry a major win as it lobbies aggressively against efforts to rein in its pricing power.

Trump's order, titled "Lowering Drug Prices by Once Again Putting Americans First," instructs Health Secretary Robert F. Kennedy Jr. to work with Congress to "modify" the Medicare drug price negotiation program established under the Biden administration.

Specifically, Trump calls for a four-year extension of the period during which small-molecule prescription drugs are exempt from price negotiations with Medicare.

Under the Inflation Reduction Act, small molecule drugs, usually taken in pill form and representing 90% of medications currently in circulation, are not subject to the price negotiation process until at least nine years after their Food and Drug Administration approval date.

"Extending negotiation delay periods," Steve Knievel, a drug policy advocate at Public Citizen added, "is nothing but a total capitulation to the demands of drug corporation lobbyists that want to continue to overcharge Medicare beneficiaries and taxpayers."

"Make no mistake," Patients for Affordable Drugs executive director Merith Basey said of the legislation, "this is yet another attempt by Big Pharma to rig the system in its favour at the expense of patients."

'Rig the system': Alarm sounded as Trump backtracks on major promise

WTF!!!

Does this mean the lefts love affair with BigPharma is over? Wasnt long ago they forced everyone to be jabbed with dangerous experimental garbage that sent their beloved BigPharma shares through the roof. Sad to see engrained narratives shift on a sixpence. 

12 minutes ago, SunnyinBangrak said:

Does this mean the lefts love affair with BigPharma is over? Wasnt long ago they forced everyone to be jabbed with dangerous experimental garbage that sent their beloved BigPharma shares through the roof. Sad to see engrained narratives shift on a sixpence. 

Deflecting much? You can't come up with a way to defend Trump's stab in the back, so that's what you offer. You've got nothing.