Why big pharma should think twice about working with Trump — Pierre Azoulay

MIT Sloan Assoc. Professor Pierre Azoulay

MIT Sloan Assoc. Professor Pierre Azoulay 

From Fortune

President Donald Trump has demanded that pharmaceutical companies cut drug prices in return for fewer regulations. As a matter of economics, this plan makes no sense.

Politically, however, it might just work. But traditional critics of the industry should think long and hard about whether going along with the president out of fear of his wrath is a cause for celebration. Pharmaceutical firms should also consider the long-term dangers of aligning themselves too closely with the new president and his volatile brand of policy making.

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