Questions Swirl Around Trump’s Potential Impact on Specialty Drugs
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Jan 09, 2025
During the prior administration of Donald Trump, the then-president talked often about taking on pharmaceutical companies and PBMs over high spending on prescription drugs but did not accomplish all he set out to do. Since his reelection, PBMs in particular have been in his crosshairs, as he criticized the “rich as hell” and “horrible” middlemen, which he vowed to “knock out.” And with a potential cabinet of many newcomers to Capitol Hill — some of whom have openly criticized how HHS, including the FDA, is run — questions remain about the upcoming administration’s impact on health care, including how it could impact the specialty drug space. For our annual series of outlook stories on the year ahead, industry experts weigh in on the Trump effect. (Editor’s note: These comments have been edited for length and clarity.)
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