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Trump takes aim at drug companies: ‘I don’t like what has happened with drug prices’

December 7, 2016 at 10:40 a.m. EST
President-elect Donald Trump speaks at a rally at the Crown Coliseum in Fayetteville, N.C., on Dec. 6. (Andrew Harnik/AP)

Biotech and pharmaceutical stocks rose after the election, reflecting investor optimism that a Trump presidency would mean less focus on drug prices. Not so fast, president-elect Trump said in his interview for Time 'Person of the Year.'

“I’m going to bring down drug prices,” Trump told Time in an interview in his dining room after the election. “I don’t like what has happened with drug prices.”