Shares in Pfizer (NYSE:PFE), Merck (NYSE:MRK) and Amgen (NSDQ:AMGN) fell slightly this morning after President Donald Trump tweeted that he was working on a “new system” to lower drug prices.
“I am working on a new system where there will be competition in the Drug Industry,” he wrote. “Pricing for the American people will come way down!”
PFE and MRK shares were trading down 1.1% this morning, while AMGN shares dropped 1.4%.
Get the full story at our sister site, Drug Delivery Business News.
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