The Good, The Bad, And The Uncertain: Trump’s Second Administration And The Rx Industry

The pharma industry arguably suffered none of the downside risks that were possible during the first Trump administration, and their relationship with Biden could not have gone much worse. And while they may hope a Trump return could help their fortunes, having RFK Jr. supervising the FDA is likely not the prescription they want.

With Trump’s return, pharma trades a disagreeable White House for an unpredictable one (Shutterstock)
Key Takeaways
  • With Trump’s return, pharma trades a disagreeable White House for an unpredictable one. 
  • The nomination of RFK Jr. to run HHS creates an unprecedented challenge for industry, especially in the upcoming user fee renewal negotiations. 
  • Republican control of Congress offers a favorable environment for many pharma priorities but will also increase pressure to decouple the supply chain from China. 

If the pharmaceutical industry were to conjure a list of fears about what might happen to their US businesses during a democratic administration, Joe Biden’s four years in

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