1003 GMT - Efforts by the U.S. government to bring down pricing for certain drugs are legitimate, Belen Garijo, departing chief executive of German life-sciences and chemicals group Merck KGaA, tells Bloomberg at the World Economic Forum in Davos, Switzerland. Several pharmaceutical companies recently agreed to lower prices that certain federal government programs and patients pay in agreement with the Trump administration. Merck KGaA is collaborating with the U.S. administration to find the right balance, Garijo says. Kai Beckmann is due to succeed Garijo as CEO on May 1. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
January 20, 2026 05:03 ET (10:03 GMT)
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