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Nine of the largest pharma companies ink deals with Trump to lower drug prices

  • On Dec. 19, President Donald Trump announced deals with nine pharmaceutical companies to cut some U.S. drug prices in exchange for three-year tariff reprieves, with 14 of the 17 targeted drugmakers agreeing to lower Medicaid prices and sell discounted drugs.
  • Motivated by U.S. price disparities, the administration pursues a Most Favored Nation push, with 14 of 17 drugmakers targeted by Trump agreeing to lower prices and mirror foreign agreements.
  • Several companies committed to donations and emergency manufacturing, with Merck & Co., Bristol-Myers Squibb Co. and GSK pledging six months’ raw materials to a national stockpile.
  • A White House briefing is set for Friday at 1 p.m. in the Roosevelt Room with at least five drugmakers, while Deputy Attorney General Todd Blanche said the Department of Justice will send Congress several hundred thousand documents that day.
  • Democrats have demanded more details from companies on confidential tariff-relief deals as the Department of Justice met its Epstein-file release deadline, while White House Press Secretary Karoline Levitt said `Trump will be announcing more incredible deals that will lower prices of drugs and pharmaceuticals`.
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Washington, Dec 19 (EFE).- U.S. President Donald Trump announced Friday agreements with nine other pharmaceutical companies to reduce the prices of some drugs, an action that is part of his efforts to match the cost of certain drugs with the lowest prices paid in other countries. https://holanews.com/wp-content/uploads/2025/12/rss-efe2f7199b9-86a1-4f93-b395-20723b8264b3-hd-web.mp4 With today's agreement, which includes Bristol Myers Squibb, Gene…

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+15 Reposted by 15 other sources
Center

President Trump calls new drug pricing deal 'the biggest thing ever'

President Trump has announced a new agreement with nine major drug companies to lower drug prices in the U.S., promising significant reductions and investments in American manufacturing and research.

·Milwaukee, United States
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Chicago TribuneChicago Tribune
+2 Reposted by 2 other sources
Center

By SALLY HO - US President Donald Trump announced Friday that nine drug manufacturers have agreed to lower the cost of their prescription drugs in the United States. The pharmaceutical companies Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences, GSK, Merck, Novartis, and Sanofi will now keep Medicaid drug prices in check to match what they charge in other developed countries. As part of the agreement, new drugs produc…

·Chicago, United States
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pharmaceutical-technology.com broke the news in on Friday, December 19, 2025.
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