Economics

Trump signs order to reduce regulatory barriers to domestic pharmaceutical manufacturing

Trump signs order to reduce regulatory barriers to domestic pharmaceutical manufacturing -White House statement

  • Trump order directs the U.S. FDA to reduce the amount of time it takes to approve domestic pharmaceutical manufacturing plants
  • directs the FDA to improve enforcement of active pharmaceutical ingredient source reporting by foreign drug producers and consider publicly displaying a list of facilities that do not comply

Trump says he’ll have an announcement next week related to cost of medicines.

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