Ian Read blinked.

In an unexpected about-face, Pfizer agreed to defer substantial price hikes that went into effect just last week on more than 40 medicines after its chief executive spoke with President Trump, who is under increasing pressure to take action to lower the cost of prescription drugs.

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  • Is this the new dance craze of summer 2018?
    “The political two-step”

    I think Trump must have talked aggressive action against pharma pricing strategy after the missed 2-week deadline following his veiled threat about
    ‘voluntary action, or else’ (regulatory heavy boots).

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