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Pharmaceutical Research And Manufacturers Of America

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President Donald Trump listens during a meeting with pharmaceutical industry leaders in the Roosevelt Room of the White House in Washington, Tuesday, Jan. 31, 2017. From left are, PhRMA president Stephen Ubl, Merck CEO Kenneth Frazier, Trump, Celgene CEO Robert Hugin, and Amgen CEO Robert Bradway (AP Photo/Evan Vucci)

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BITTER PILL: John Castellani, president and CEO of PhRMA, cautions against cutting from 12 years to seven the length of a patent on a company's new drug. (J.M. Eddins Jr./The Washington Times)