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Mass. Biotech Companies Concerned About Trump's 'Out-Of-Context' Drug Industry Comments04:19
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President-elect Donald Trump speaks during a news conference in the lobby of Trump Tower in New York Wednesday. (Evan Vucci/AP)
President-elect Donald Trump speaks during a news conference in the lobby of Trump Tower in New York Wednesday. (Evan Vucci/AP)
This article is more than 2 years old.

President-elect Donald Trump says things need to change in the pharmaceutical industry.

In a news conference Wednesday, Trump raised two concerns he has about drug makers.

"We have to get our drug industry coming back. Our drug industry has been disastrous," he told reporters. "They've been leaving left and right. They supply our drugs but don't make them here. And the other thing we have to do is create new bidding procedures for the drug industry, because they are getting away with murder."

In Massachusetts, drug and biotech companies are big business, so there is particular interest in the president-elect's comments and plans.

For more, Leora Schiff with Altius, a Cambridge-based consulting company for the bio-tech industry, joined Morning Edition.

This segment aired on January 12, 2017.

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