The pharmaceutical industry, pilloried by President Trump for the last two years, is war-gaming for the possibility that its worst fear is realized: that Democrats, if they flip control of the House, find common ground with the president to rein in drug prices.
Democrats say they are determined to squeeze the industry’s prices and profits, and they have a stack of legislative proposals that could do so. Drug makers are quietly making contingency plans.
What Big Pharma Fears Most: A Trump Alliance With Democrats to Cut Drug Prices
With Democrats seen as likely to retake the House, drug makers are quietly making contingency plans to fend off proposals that would squeeze their profits.