Trump says he expects to see lower drug prices

[January 03, 2019]  WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday said he expects to see a tremendous decrease in drug prices even as drugmakers have taken steps to raise the prices of their medicines starting this month.

Trump made the comments during a meeting of his Cabinet at the White House that included U.S. Health Secretary Alex Azar. According to documents seen by Reuters, nearly 30 pharmaceutical companies have taken steps to end their self-declared halt to price increases this year.

(Reporting by Jeff Mason,; Writing by Susan Heavey and Tom Brown)

[© 2019 Thomson Reuters. All rights reserved.]

Copyright 2019 Reuters. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.  Thompson Reuters is solely responsible for this content.