Trump vows to bring down drug prices, doesn't say how


  • World
  • Thursday, 08 Dec 2016

U.S. President-elect Donald Trump poses for photographer Nadav Kander for the cover of Time Magazine after being named its person of the year, in a picture provided by the publication in New York December 7, 2016. Time Magazine/Handout via REUTERS

NEW YORK (Reuters) - President-elect Donald Trump took aim at drugmakers on Wednesday by promising in a magazine interview that "I'm going to bring down drug prices," sending shares of pharmaceutical and biotechnology companies lower.

In a cover story for Time magazine, which named him its Person of the Year, Trump said: "I don't like what has happened with drug prices."

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