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President Donald Trump signed the order on Tuesday aimed at tightening the restrictions for advertising of immediate consumers, spreading its administration against major pharmaceutical companies and their business practices.
The order signed Trump on Tuesday. (Photo by Chip Somodevilla / Getty Images)
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Key facts
The Trump exploded incredes in his order, a higher advertising rates, saying the Secretary of Health Robert F. Kennedy Jr. Ensure transparency and accuracy in drug ads, “including increasing the amount of information regarding any risks associated with any risks associated with” advertised pharmaceutical drugs “.
Trump also directed both food and drug administration commissioner Marti Makari to enforce advertising and “ensure true and non-wrong information in direct advertisements for prescription drugs.”
FDA said in a statement Sending a thousand letter Warning Pharmaceutical Companies to remove the wrong advertisements and issuing about 100 stops and withdrawal layers to companies that writes, bold ads are aircrafted.
FDA did not reveal which companies received terminates and quitting, but Nonimen’s Trump Administration official was identified CNN Super Bowl ad for weight loss drugs as an example of its goals.
Social media companies and influences paid for the promotion of pharmaceutical offers without appropriate disclosures will also be directed by the Federal Government CNBCwho quoted unnamed high officials.
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What is RFK Jr. Said about drug advertising?
Kennedy suggested Prohibition of pharmaceutical advertising on the TV before the election last year. However, the command on Tuesday ceases to stop completely banning advertisements.
Key background
Trump sought to reduce drug prices and put pressure on major pharmaceutical companies to do so, By requiring companies in July to drop prices by the end of September. Companies include pharmaceutical giants like Abbvie, Eli Lilly, Pfizer and Novo Nordisk, with their “most favorable nations” policy prices, which aims to reduce the prices of American drugs to the lowest prices they spent in other developed countries.
Further reading
The company’s pharmaties should immediately reduce drug prices, Trump says (Forbes)
