US EditionDonald Trump’s drug plan risks higher medicine prices in Europe
- On May 12, 2025, U.S. President Donald Trump issued an Executive Order directing Health and Human Services to enforce Most-Favored-Nation drug pricing rules based on the lowest prices in comparable wealthy countries.
- This policy seeks to lower the cost of medications in the United States by aligning U.S. drug prices with those charged in countries whose GDP per capita reaches at least 60 percent of the American level, addressing the fact that drug prices in the U.S. are substantially higher than in many other OECD countries.
- Industry experts warn this plan pressures European health systems to raise drug prices, potentially limiting access to new treatments amid resistance due to stretched budgets and strict national pricing controls.
- Dustin Benton suggested that higher drug prices in Europe could allow for lower costs in the United States, while Richard Torbett described the policy as confirmation of long-standing concerns that the UK’s low drug prices may deter investment.
- The order risks reducing U.S. innovation funding and GDP growth, faces legal challenges, and may trigger drugmakers to seek higher prices in Europe to offset reduced U.S. revenues.
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Jake Adams: Most Favored Nation drug prices
I simply can’t imagine that the Administration or Congress would want to reduce patient's access to essential and possibly life-saving medications. But if the policy of Most Favored Nation (MFN) drug pricing is enacted (as the President recently proposed via…
The MFN Executive Order: A Global Reset For U.S. Pharma - Above the Law
It's a bold attempt to recalibrate global drug pricing — with U.S. patients at the center. But without clear enforcement, legal grounding, or international cooperation, its future remains very uncertain.
·United States
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Frankfurt School of Finance & Management research shows Trump's drug pricing cap could shrink US economy and reduce innovation
/PRNewswire/ -- U.S. President Donald J. Trump issued an Executive Order on May 12, 2025, directing the Department of Health and Human Services to communicate...
·United States
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Total News Sources12
Leaning Left2Leaning Right1Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 33%
C 50%
R 17%
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