BRENT SAUNDERS, the chief executive of Allergan, one of the largest pharmaceutical firms in the world, is concerned that in an era of increasing political polarization, Americans will become fed up and embrace the single-payer health care plan set to be unveiled Wednesday by Sen. Bernie Sanders, I-Vt.
He shared his candid thoughts last weekend at the Wells Fargo Healthcare Conference in Boston, a gathering for investors and major pharmaceutical and biotech firms.
Americans have lost trust in drug companies, Saunders said, noting the industry consistently ranks lower than oil and tobacco companies in public trust surveys.
