Trump to Announce ‘TrumpRx’ Drug-Buying Website and Deal With Pfizer to Lower Drug Prices: Report
- President Donald Trump announced the development of a drug-buying website called TrumpRx and secured price cuts from Pfizer to make medications more affordable for Americans.
- Pfizer will offer its drugs at 'Most Favored Nation' pricing, marking a significant change in drug pricing policy.
- Polling data shows 56% of voters attribute high prescription drug prices to corporate greed, underscoring public concern about healthcare costs.
- Press Secretary Karoline Leavitt hailed the announcement as a historic victory, stating it will significantly reduce Medicaid costs.
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126 Articles
Trump and Pfizer CEO Albert Bourla clarified that, in exchange for the deal, the company would be exempt from drug tariffs for three years.
Donald Trump and Pfizer Announce an Agreement on the Price of Certain Medicines in the United States
The U.S. President announced an agreement with the pharmaceutical laboratory to lower the prices of all his medicines sold under the Medicaid health insurance program in the United States.
Trump Announces Drug Price Deal With Pfizer
President Donald Trump has announced a direct-to-consumer website for Americans to buy drugs. The White House has dubbed the initiative TrumpRx. The president also announced a deal with Pfizer that will see the drugmaker lower prices on a range of products. The Trump administration said on Tuesday that it is removing five senior leaders over the canceled Transportation Security Administration’s “Quiet Skies” aviation security watch list program …
Trump claims Pfizer deal will cut drug prices by '300% or more'
President Donald Trump boasted Tuesday that his deal with Pfizer would slash drug prices by “300% or more,” a mathematically impossible claim. The agreement, according to CNBC, trades a three-year suspension of tariffs for the pharmaceutical giant’s pledge to build U.S. manufacturing plants, with Tr...
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