Tiki Barber gave me a brief glimmer of hope this week.
“There’s an elephant in the room,” the former New York Giants football star said, perched in a leather chair, talking with GSK CEO Emma Walmsley in front of over 500 pharma executives, lobbyists, consultants and other industry members.
Barber was speaking just a few hours after Robert F. Kennedy Jr. delivered his welcome address at HHS headquarters. I had flown down to Washington that Tuesday for the inaugural PhRMA Forum, hoping to hear the drug industry’s plans for Trump’s second term.
Finally
, I thought,
maybe Tiki will bring up the talk of the town
.
Barber described a different elephant: the frustration of dealing with the layers and middlemen that get between patients and their medicines.
That was indicative of how the three-hour PhRMA Forum went. Pharma CEOs and other speakers stuck to safe, Trump-friendly topics on the stage. In the process, they studiously avoided weighing in on the chaotic flurry of actions in the Beltway.
PhRMA CEO Stephen Ubl called Trump the “disrupter-in-chief,” while Pfizer CEO Albert Bourla argued Trump’s opportunities will outweigh the risks for pharma. Gilead CEO Dan O’Day trotted out a variation on Kennedy’s “Make America Healthy Again” slogan, saying everyone here shared a commitment to “making America a healthier place for all.”
They praised Trump as a status-quo challenger, but didn’t discuss what the last month has shown that to actually mean. Trump has proposed major cuts to NIH research grants, installed a longtime anti-vaccine advocate to lead HHS, and overseen mass firings at agencies like the FDA and CDC.
In his speech to HHS on Tuesday, Kennedy made it clear what he meant by making America healthy again. His priorities as health secretary include launching investigations into childhood vaccine schedules and anti-depression drugs as ways of fighting chronic disease, he said.
Over the forum’s three hours, I didn’t hear a single shout-out in defense of the NIH, FDA, or CDC. (I also requested interviews on the forum’s sidelines with the CEOs of Merck, Pfizer, GSK, and Novartis. Their spokespeople either didn’t respond or said they were unavailable.)
The motivation driving this selective silence seems clear: Isn’t it better to have a seat at the table?
We’ll see how the gambit plays out. The CEOs may view their recent meeting at the White House as evidence of success. The price of admission, though, seems to be the industry’s most powerful leaders biting their tongues on defending some basic scientific principles, like vaccine safety, and institutions, like the NIH.
Few details have emerged from that closed-door White House sit-down. Much clearer was
the torrent of boos
that greeted Bourla when he was later introduced by the president before a Trump-supporting crowd in the East Room. That’s the latest reminder of how public distrust of the healthcare industry has deteriorated into public hatred.
This isn’t the only option in the playbook. When Roy Vagelos ran Merck from 1985 to 1994, he became pharma’s leading voice. He was a champion of investing in research and occasionally took steps that placed the long-term sustainability of the industry over what’s best for next quarter’s earnings, like a then-unprecedented donation of a Merck drug to treat river blindness in millions of people.
Under Vagelos, Merck repeatedly was ranked as America’s most admired corporation — not just in pharma, but across all industries. That’s an unimaginable reality today.
Vagelos wasn’t the only Merck CEO to show leadership. Ken Frazier resigned from a presidential manufacturing council during Trump’s first term, objecting to Trump’s comments on blaming “many sides” for a fatal confrontation involving white supremacists in Charlottesville, VA.
Frazier said he had “a responsibility to take a stand.” Where is the Vagelos or Frazier of today?
— Andrew
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