Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Trump wants to overhaul drug sales. A company tied to his son stands to benefit.

Mint Kolkata

|

October 09, 2025

The country’s top drugmakers are set to meet in early December at the Four Seasons hotel in Georgetown with Donald Trump Jr. and senior Trump administration officials that regulate the pharmaceutical industry.

- Annie Linskey & Josh Dawsey

The host: BlinkRx, an online prescription drug delivery company that this year installed Trump Jr. as a board member. The summit will conclude with a dinner at the Executive Branch, the exclusive new club founded by Trump Jr. and his close friends, according to people with knowledge of the event and a copy of the invitation viewed by The Wall Street Journal.

BlinkRx stands to benefit from a shakeup of how patients buy drugs after President Trump urged pharmaceutical companies to sell their medicines directly to consumers. BlinkRx helps drugmakers do exactly that with a service that promises to set up direct-to-patient sales programs in as little as three weeks. TrumpRx, a new government website set to launch in early 2026, would funnel patients to direct-sale sites.

The invitation to the “Future of Pharmaceuticals” summit prompted consternation among some drug-company representatives, who worried that the gathering signaled that the White House wants them to work with the little-known BlinkRx because of its ties to the president's family, according to people familiar with the matter.

It is the latest example of the Trump administration’s policy priorities overlapping with the business dealings of the president and his family.

“BlinkRx is one of many companies in the marketplace that provide these kinds of services to manufacturers,” said Adam J. Fein, the president of Drug Channels Institute, a group that studies the pharmaceutical industry. “What is different is Trump’s son is on the board.”

Drew Hudson, vice president of corporate affairs at BlinkRx, said “no company will be pitching any services” at the December event. And Trump Jr. said in a statement to the Journal that this article amounts to an “innuendo smear” and accused the paper of pursuing the story at the behest of pharmaceutical-industry advertisers.

MORE STORIES FROM Mint Kolkata

Mint Kolkata

Mint Kolkata

Battery storage to jump 6x by 2047

(MNRE).

time to read

2 mins

November 27, 2025

Mint Kolkata

India’s labour reforms promote inclusion as well as productivity

The codes are designed to work in the interests of our workforce while supporting economic growth

time to read

3 mins

November 27, 2025

Mint Kolkata

ICIL sells Bharti Airtel's stake

Telecom czar Sunil Bharti Mittal’s family office-owned ICIL on Wednesday raised ₹7,195 crore by selling a 0.

time to read

1 min

November 27, 2025

Mint Kolkata

McKinsey trims about 200 tech jobs

The consulting firm joins rivals in using artificial intelligence to automate some positions.

time to read

1 min

November 27, 2025

Mint Kolkata

Mint Kolkata

Uber India valuation surges amid battle with Ola, Rapido

November funding values shares 41% higher than the previous round in May 2023

time to read

2 mins

November 27, 2025

Mint Kolkata

EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

time to read

1 min

November 27, 2025

Mint Kolkata

Climate crisis: Innovation works, compression doesn't

After weeks of hot air, the UN’s CoP summit limped to an end in Brazil's Amazonian hub of Belém over the weekend, with a ‘deal’ that delivers nothing measurable for the climate, while wasting political capital and much effort on pledges.

time to read

3 mins

November 27, 2025

Mint Kolkata

Mint Kolkata

PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

time to read

2 mins

November 27, 2025

Mint Kolkata

Mint Kolkata

Cabinet approves ₹7,280 cr rare earth magnets scheme

The scheme has been drawn up along the lines of India’s semiconductor mission

time to read

2 mins

November 27, 2025

Mint Kolkata

Mint Kolkata

PORTFOLIO MANAGEMENT AND ASSET ALLOCATION LESSONS FROM THE MAHABHARAT

Thenote can move freely across need and time.

time to read

2 mins

November 27, 2025

Listen

Translate

Share

-
+

Change font size