Trump Delayed a Medicare Change After Health Company Donations

Oliver Burckhardt came prepared for the dinner that President Trump hosted for a small group of major donors at his private Mar-a-Lago resort in South Florida on March 1.

A week earlier, one of Mr. Burckhardt’s biotech companies had donated $5 million to MAGA Inc., a pro-Trump political committee, that paved the way for him to attend the event.

At the dinner, Mr. Burckhardt got a chance to speak briefly to the president and other guests about himself and the work of his company, Extremity Care, which makes pricey medical products including paper-thin bandages made of dried bits of placenta, according to three people who spoke on the condition of anonymity...