On his May 11 Facebook post calling for US medication prices to match the lowest globally, US President Donald Trump triggered a sharp sell-off in pharmaceutical stocks worldwide. This steep drop was quickly reversed following President Trump’s executive order the next day, which many perceived as lacking substance.
How can the US sustainably lower drug prices, and what might that mean for other nations, including Singapore?
Hear from Assoc Prof Wee Hwee Lin as she breaks down the key reasons behind high drug prices in the US and what could be done to bring them down sustainably.