Trump administration: Drugmakers that hiked prices may create 'tipping point'

President Donald Trump
The Trump administration said Monday it is closely watching reports of drug increases. (The White House)

The secretary of HHS had a direct message on Monday for the pharmaceutical companies that have hiked the prices of their products in recent months: The president sees you. 

Speaking at an event hosted by the 340B Coalition, he alluded to a tweet earlier in the day from the commander-in-chief specifically calling out drug giant Pfizer and other drug companies for hiking their prices in recent months.

Pfizer hiked prices on about 40 drugs as of July 1, FiercePharma reported

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