Trump just met with the heads of drug companies - here's how it went

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Kevin Lamarque/Reuters

President Donald Trump hosts a meeting with business leaders in the Roosevelt Room of the White House in Washington January 23, 2017. From left are Corning CEO Wendell Weeks, Trump and Johnson & Johnson CEO Alex Gorsky.

President Donald Trump sat down with members of the drug industry this morning.

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Trump, who has previously said that pharmaceutical companies are "getting away with murder," seemed to temper his statements, according to media reports from the White House.

Here's what went down:

  • Trump reiterated his interest in bringing drug prices down in the US.
  • Trump said medical products need to be made in the US, Reuters is reporting.
  • He also made comments about the FDA, saying he intends to streamline the drug approval process.

The Nasdaq biotechnology index, which has fallen for most of January, was down about 0.7% as of 9:52 a.m. in New York.

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