Trump Throws Pharma A Curve Ball On The Third Day Of J.P. Morgan

Pharmaceutical manufacturers have been waiting for Trump’s ax to fall – and it finally did, on the final full day of the industry’s biggest business meeting of the year.

Pharmaceutical executives have been waiting under a building cloud of anxiety for US President-elect Donald Trump to turn his Twitter account on the industry with a 140-character hit aimed at the high price of drugs. Instead, Trump criticized the industry Jan. 11 from behind a podium during his first press conference since being elected president.

The press conference fell on the third day of the J.P. Morgan Healthcare Conference when top executives from the drug...