US President Donald Trump signed four executive orders to reduce prescription drug prices in the US.
He said, “The four orders I’m signing today will completely restructure the prescription drug market.”
Under the executive orders, prescription drugs will be sold out with discounts, and cheaper drugs will be imported from abroad.
Mr. Trump will meet pharmaceutical officials on Tuesday. However, some industry analysts have criticized the move.
Pharmaceutical Research and Manufacturers of America said in a statement, “This administration has decided to pursue a radical and dangerous policy to set prices based on rates paid in countries that he [President Trump] has labeled as socialist, which will harm patients today and into the future,”
It said Mr. Trump’s move was “a reckless distraction that impedes our ability to respond to the current [coronavirus] pandemic – and those we could face in the future”.
Trump’s administration has faced criticism for its handling of coronavirus pandemic in the country, as the number of cases is highest in the US.
Earlier, Mr. Trump warned that coronavirus pandemic in the US may “get worse before it gets better”. He asked all Americans to wear face coverings.
He said, “they’ll have an effect” and show “patriotism”.
Mr. Trump has earlier called face coverings as unsanitary. He was not wearing a mask at the briefing.
He suggested in April during remarks from the podium that the virus might be treated by injecting disinfectant into people.