The Speaker of the House of Representatives, failed one-time GOP vice presidential candidate Paul Ryan, is picking a fight with incoming President Donald J. Trump and Vice President Mike Pence over the Trump administration’s vow to tackle corruption in Big Pharma.
Trump promised during his press conference in New York City at Trump Tower last week to reform the pharmaceutical industry to ensure proper bidding procedures take place—among other reforms to the major industry—moving forward.
“We have to get our drug industry coming back,” Trump said at the press conference. “Our drug industry has been disastrous. They’re leaving left and right. They supply our drugs but they don’t make them here, to a large extent. And the other thing we have to do is create new bidding procedures for the drug industry, because they’re getting away with murder. Pharma has a lot of lobbies, a lot of lobbyists, a lot of power. And there’s very little bidding on drugs. We’re the largest buyer of drugs in the world, and yet we don’t bid properly. We’re going to start bidding. We’re going to save billions of dollars over a period of time.”