Prognosis
Pfizer CEO Urges Biden to Form Coalition to Lower Drug Costs
- ‘Needs to be fixed urgently,’ Bourla says in TV interview
- Drugmakers may be willing to pay for cost of reforms, CEO Says
This article is for subscribers only.
Pfizer Inc. Chief Executive Officer Albert Bourla on Friday urged U.S. President Joe Biden to form a bipartisan coalition in Washington to address high drug costs.
There’s a great opportunity for Biden to take the initiative to “reduce significantly the cost of medicines for the patients, which is the thing that is now problematic,” Bourla said in an interview with David Westin on Bloomberg Television’s “Balance of Power” show.