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Pfizer is holding off on price increases to some of its drugs after being singled out by Trump

Pfizer is holding off on price increases to some of its drugs after being singled out by Trump

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REUTERS/Luke MacGregor
  • President Donald Trump singled out pharma giant Pfizer on Monday in a tweet about drug pricing.
  • Pfizer had increased the price of 100 of its products, including Viagra as of July 1, the Financial Times reported earlier in July.
  • After a conversation between Trump and Pfizer CEO Ian Read, Pfizer said it plans todefer=”defer”the price increases, returning the prices to where they were before July 1 “as soon as technically possible,” the company said in a statement.

Pfizer is deferring the price increases it planned to take on some of its prescription drugs following a conversation between its CEO Ian Read and President Donald Trump.

Trump had singled out the pharmaceutical giant on Monday over its recent price hikes. Pfizer had increased the price of 100 of its products, including Viagra as of July 1, the Financial Times reported earlier in July.

“Pfizer & others should be ashamed that they have raised drug prices for no reason,” Trump said in the initial tweet.

The prices will go back to where they were before July 1 “as soon as technically possible.” However, the deferral of an increase is contingent on whether the Trump administration’s drug pricing blueprint goes into effect by the end of the year.

“The company will return these prices to their pre-July 1 levels as soon as technically possible, and the prices will remain in effect until the earlier of when the president’s blueprint goes into effect or the end of the year – whichever is sooner,” Pfizer said in a statement.

The return of the price to its pre-July 1 was first broadcast by Trump in a tweet, in which he characterized it as “rolling back price hikes, so American patients don’t pay more.”

Here’s Pfizer’s full statement:

“Following an extensive discussion with President Trump today, Pfizer’s Chairman and CEO Ian Read announced that it will defer the company’s price increases that were effective on July 1 to give the president an opportunity to work on his blueprint to strengthen the healthcare system and provide more access for patients. The company will return these prices to their pre-July 1 levels as soon as technically possible, and the prices will remain in effect until the earlier of when the president’s blueprint goes into effect or the end of the year – whichever is sooner. In addition, the price declines the company took as of July 1 will remain in effect.”

“‘Pfizer shares the President’s concern for patients and commitment to providing affordable access to the medicines they need,’ said Ian Read. ‘The most fundamental way the biopharmaceutical industry creates value is by discovering innovative medicines that help people live longer, healthier, more productive lives. We have entered an exciting new era with scientific advances that will result in future breakthroughs and cures. This highly complex and important work also generates hundreds of thousands of highly skilled jobs across the U.S. Furthermore we have recently committed $5 billion of capital to expand our manufacturing in the U.S. We are encouraged that the President recognizes the value our industry brings to society and our ability to fulfill our mission to discover and bring innovative new medicines to patients.’”

Trump has reportedly changed his diet — and after a week of eating like him, I can see why it was necessary

Trump has reportedly changed his diet — and after a week of eating like him, I can see why it was necessary

By the end of my weeklong ordeal, I was pretty tired of fast food.

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By the end of my weeklong ordeal, I was pretty tired of fast food.
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Hollis Johnson
  • President Donald Trump has a notoriously bad diet full of fast food and high-calorie meals.
  • Even the official physician to the president said that Trump “would benefit from a diet that is lower in fat and carbohydrates.”
  • A new report from Bloomberg suggests that Trump has recently changed what he’s eating to be more healthy.
  • I ate like Trump for a week and saw why his diet needed a change.

Much has been written and said about President Donald Trump’s diet.

Considering reports that his “major food groups” are McDonald’s, KFC, pizza, and Diet Coke, as well as one that says he tries to avoid non-chain restaurants out of fear of being poisoned, it’s fair to say Trump’s food choices are far from healthy.

A new report from Bloomberg suggests that Trump’s diet has completely changed after a health check-up by Rear Admiral Ronny Jackson found that the president’s weight was just one pound below obesity. Trump has apparently been eating soup and salad instead, and he hasn’t been seen eating a burger in two weeks, one person told Bloomberg.

That’s a far cry from what he’s been known to eat in the past.

According to Corey Lewandowski, his former campaign manager who wrote the book “Let Trump Be Trump,” the president would usually go 14 to 16 hours without eating, then have a full McDonald’s dinner of two Big Macs, two Filet-O-Fish sandwiches, and a small chocolate shake – a total of 2,430 calories.

He also says Trump doesn’t often eat breakfast and avoids it if he can. Lewandowski says the president doesn’t eat the bread of his sandwiches, and other reports say he avoids eating pizza crust. He orders his steaks – his favorite food – well done, with a side of ketchup.

If this reminds you of the eating habits of anyone you know, they’re probably not old enough to drive.

As for beverages, Trump does not drink tea, coffee, alcohol, or anything stimulating. He has only one true love: Diet Coke. He reportedly drinks 12 a day.

Taking all that into account, I had one thought: “That all sounds awful. I’ve got to try it.”

So began my ambitious, foolhardy, and treacherous journey into the mind of Trump – through his stomach – by eating as he eats. For a week, I stuck to foods that Trump has been photographed eating, has said in interviews that he eats, or has been reported to eat regularly.

I can’t say I learned a lot about Trump, but I definitely learned something about myself.


Day 1. Here we go. This is it. I feel excited as I swing by McDonald’s to pick up a pair of Egg McMuffins on my way into work.

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Business Insider/Dennis Green

Trump says he doesn’t usually eat breakfast — but if he does, he’ll have these. All-day McDonald’s breakfast has been cited as one of the reasons the fast-food chain’s business has turned around in recent years, so I’m excited to give them a go for the first time.

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Business Insider/Dennis Green

Immediate regret. The Egg McMuffin is not greater than the sum of its parts. Not a fan. I eat both anyway, seeing as it was the morning after Business Insider’s holiday party and I needed something in my stomach.

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Business Insider/Dennis Green

A coworker also brought in a Shake Shack breakfast sandwich for me. Trump doesn’t have an established history of liking Shake Shack, but it is a chain and it was hand-delivered — just like how Trump usually gets his food.

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Business Insider/Dennis Green

It puts its McDonald’s counterpart to shame.

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Business Insider/Dennis Green

A staple of Trump’s diet is Diet Coke, but I’m nervous about that part. I hate diet soda, and I’m not excited about the prospect of having to drink as much as I can in a single day. I start off with a seltzer to ease into it.

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Business Insider/Dennis Green

For lunch, I score some free pizza from a meeting I wasn’t invited to. Though it’s not from a chain, as Trump would probably prefer, it’s one of his major food groups. By this point, I am starting to realize what it means to eat like Trump: lots of calories and salt.

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Business Insider/Dennis Green

For dinner, I order McDonald’s delivery through UberEats. Twice in one day feels like a crime against sense, but I push through.

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Business Insider/Dennis Green

I get two Big Macs and a small chocolate shake, as well as a small fry. This feels like too much food, though it’s two Filet-O-Fish sandwiches short of a full Trump dinner. Then again, Trump says he barely eats during the day, so that might explain it. I try not to think of what I’m doing to my body as I pound it down. I go to bed feeling slightly uneasy and very full.

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Business Insider/Dennis Green

Day 2. The next morning, I frantically search for information for something other than Egg McMuffins to subsist on. Trump says he eats corn cereals. Bingo. To be fair, Trump says he eats only corn grown in the US, but my Peanut Butter Captain Crunch does not specify. It feels healthy compared with what I ate the day before, and my body feels renewed.

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Business Insider/Dennis Green

At Target, I decide to pick up one of Trump’s (and my) favorite snacks: Oreos. I polish off a row in lieu of lunch before I realize how many I’ve eaten. Oops.

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Business Insider/Dennis Green

I’m at a loss for what to do for dinner, so I decide on Domino’s. That fulfills two Trumpian requirements: pizza and a chain restaurant. I also bite the bullet and get a 2-liter bottle of Diet Coke. I drink about a quarter of it and hate every second. At this point, my stomach asks me why I’ve decided to punish it so.

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Business Insider/Dennis Green

Day 3. I had plans early the next morning, so before running out the door, I eat the only quick and easy thing available to me for breakfast: cold Domino’s. I persuade my friends to stop for an ice cream during the day, though — I get two scoops of course.

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Business Insider/Dennis Green

The ice cream is good, but it still feels as if I haven’t eaten anything real or healthy in days.

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Business Insider/Dennis Green

Later, I meet up with a friend at a fancy movie theater with a bar in it. Trump doesn’t drink, so I order a Diet Coke. I find it strangely refreshing, and it tastes so much better than the bottled stuff I’ve been drinking.

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Business Insider/Dennis Green

I order another during the movie, along with queso and chips. There’s no record of Trump eating queso, but I figure <a href=”http://www.businessinsider.com/trump-grill-taco-bowl-review-one-year-later-2017-5″>the famous Trump Tower taco bowl</a> isn’t too far off. When the check comes, the mystery of the theater’s great-tasting Diet Coke is solved — it’s actually a soda from a much fancier brand.

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Business Insider/Dennis Green

Day 4. It’s Monday, and I’m back on the Egg McMuffin grind. I’m really beginning to loathe these things.

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Business Insider/Dennis Green

I’m feeling super sluggish — much more so than on a usual Monday. I wonder whether it’s my horrible diet. Trump doesn’t drink tea or coffee, so I crack open a Diet Coke at 11 a.m. I hate what I’ve become, but I finish the can anyway. I find it hard to drink one, let alone 12.

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Business Insider/Dennis Green

A coworker brings in doughnut holes, and I eat a few despite how I feel. I skip lunch.

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Business Insider/Dennis Green

For dinner, it’s back to McDonald’s for a Filet-O-Fish meal. The sight of the greasy food makes my stomach turn, but I’ve already committed.

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Business Insider/Dennis Green

Day 5. Work-from-home day. I ordered some eggs — over hard, the way Trump likes them — and extra-crispy bacon. The eggs were over easy and the bacon just normal. It was all thoroughly fine. It felt nice to have something in my stomach that was minimally processed. The rest of the workday I nibble on (still) leftover pizza and Oreos.

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Business Insider/Dennis Green

For dinner, I decide to get Trump’s favorite food: steak. I found a place in Brooklyn that sells a reasonable New York strip (his favorite cut) and ordered it well done with ketchup. When the plate was set in front of me, it became clear why he takes it with ketchup — it’s the only way to get any flavor out of a dried-out, burnt-to-a-crisp hunk of well-done meat. It’s not bad, per se, but it’s not great either. I feel the need to apologize to the waiter.

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Business Insider/Dennis Green

Day 6. I try to stick to Trump’s eating schedule — that is, ignore food all day and gorge at dinner. With the steak from last night still making its presence known in my stomach, I didn’t get hungry until lunchtime. I tried to see whether a Diet Coke would suppress my hunger, but it didn’t really work. At the onset of this experiment, I thought I would grow to either love or despise Diet Coke; it turns out it’s the latter.

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Business Insider/Dennis Green

A surprise TV appearance has me scrambling for food, so I decide to get a few Big Macs from the McDonald’s around the corner just before 5 p.m. It’s easy to understand why Trump structures his meals this way, as it is, in theory, more productive. But it requires the sacrifice of the midday eating demands, and my hunger distracted me from being productive all day.

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Business Insider/Dennis Green

It turns out two Big Macs and a Diet Coke is not enough food for one day, and I was hungry later. I finally finish off the Domino’s, thoroughly ashamed of who I am.

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Business Insider/Dennis Green

Day 7. Honestly, I don’t know how much more I can take of the punishment. The thought of bacon, eggs, or any kind of breakfast sandwich in the morning makes me gag, so I grab an oatmeal bar from the office kitchen instead. It tastes like release.

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Business Insider/Dennis Green

I splash out for lunch — a fast-casual burger instead of a fast-food one. I order it well done, and the receipt makes clear there is “nooooooooo pink.” I’m embarrassed.

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Business Insider/Dennis Green

The food comes, and it’s a welcome respite from the fast food I’ve been eating all week. It’s fresh and beefy, and the change of pace is so nice.

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Business Insider/Dennis Green

I also ordered a chocolate shake to make it feel more Trumpian.

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Business Insider/Dennis Green

Day 8. The last day. I go rogue and start off with a yogurt. Anything else feels like too much. I skip lunch.

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Business Insider/Dennis Green

For my last dinner, I’m finally indulging in the fourth Trump food group: KFC. This chain’s menu is large and confusing. I got a two-piece chicken meal — which is not what I thought I ordered, but it’s fine. It was greasy and rich, and far too much for me to stomach after the lunch and the week I had. I was so glad to be done.

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Business Insider/Dennis Green

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