Trump Thanks Novartis, Pfizer for Putting Off Drug Price Hikes

Trump Thanks Novartis, Pfizer for Putting Off Drug Price Hikes
A sign of Novartis on the top of a building at the company's campus in Basel on Oct. 27, 2015. Fabrice Coffrini/AFP/Getty Images
Petr Svab
Petr Svab
reporter
|Updated:

President Donald Trump thanked drug makers Novartis and Pfizer for delaying drug price increases until at least the end of the year, giving Trump a chance to roll out his plan to reduce drug prices.

“Thank you to Novartis for not increasing your prices on prescription drugs. Likewise to Pfizer. We are making a big push to actually reduce the prices, maybe substantially, on prescription drugs,” Trump said in a Thursday tweet.
Petr Svab
Petr Svab
reporter
Petr Svab is a reporter covering New York. Previously, he covered national topics including politics, economy, education, and law enforcement.
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