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Trump Attacks Pfizer Over Drug Cost in Latest Dig at Pharma

  • Drugmaker ‘should be ashamed’ of recent price increases
  • President has repeatedly criticized drug industry pricing
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Trump Says He Plans to Derail Drug Lobby's 'Gravy Train'
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President Donald Trump said Pfizer Inc. should be “ashamed” for raising the prices of its pharmaceutical products, briefly rattling shares of the U.S. drug giant on Monday.

“Pfizer & others should be ashamed that they have raised drug prices for no reason,” Trump said in a tweet. “They are merely taking advantage of the poor & others unable to defend themselves, while at the same time giving bargain basement prices to other countries in Europe & elsewhere. We will respond!”