Alex Knapp is a senior editor covering healthcare, science, and cutting edge technology who joined Forbes in 2011. He's written dozens of profiles of entrepreneurs across a variety of fields and done deep dives into technological trends from superconductors to space travel to pharmaceuticals.
resident-elect Trump has announced his plans to appoint two key people to healthcare roles in his upcoming Administration: Robert F. Kennedy, Jr. for Secretary of Health and Human Services last Thursday, andAnalysts at Morgan Stanley noted this week that biopharma stocks have been underperforming since the election, and that this sector tends to underperform during times of uncertainty about healthcare policy.
Quick housekeeping note: There will be no edition of InnovationRx next week. Have a wonderful Thanksgiving holiday!During the recent presidential campaign, President-elect Donald Trump repeatedly promised to lower drug prices, to the point where he falsely claimed credit for capping insulin prices, a policy actually enacted by the Biden Administration. He’s also pledged a hike in tariffs across the board, making it the centerpiece of his economic policy.
But Trump can have one or the other — not both. And if his incoming administration succeeds in enacting the tariffs he’s touted on the campaign trail, the end result will be higher drug prices for consumers and a slowdown of innovation in developing new therapies.has approved Kebilidi , a gene therapy developed by PTC Therapeutics, for the treatment of aromatic L-amino acid decarboxylase, a genetic disorder that affects neural transmission in the brain, which can result in a number of symptoms.Now in its fifth year, the Forbes CIO Next list recognizes executives in the U.S. making key technological deployments in their companies.
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