Medical affairs teams must adapt to changing timelines and adjust their skillsets accordingly.
According to Dr. William Soliman, pharmaceutical companies will likely react to the administration's efforts by compromising on prices for some branded drugs.
We’ve seen Pfizer doing a deal with Trump, and I think other companies will follow. If they can come to a compromise for even just some branded drugs, that’s a happy middle-ground.
Dr. Soliman believes that in exchange for dropping prices, pharmaceutical companies will push for the administration to push back tariffs, as seen in the Pfizer deal.
Dr. Soliman notes that the impact on drug pricing will primarily be felt by elderly patients under Medicare, while the effect on those with commercial plans remains to be seen.
Autor's resume: Pharmaceutical companies adapt to FDA changes.