US EditionTrump demands pharma companies slash drug prices in next 60 days
UNITED STATES, JUL 31 – President Trump demands 17 pharmaceutical companies align U.S. drug prices with lowest international rates and return excess overseas revenue to reduce costs for Medicaid patients and new drugs.
- Donald Trump has ordered 17 major pharmaceutical companies to lower drug prices within 60 days, or face consequences, as noted in his letters.
- Trump's action follows an executive order he signed, aimed at aligning U.S. drug prices with the lowest prices paid by other developed nations.
- Key players like Eli Lilly, Merck, and AstraZeneca must adhere to Trump's demand for lower Medicaid prices and future drugs at these rates.
- Trump threatened to use 'every tool in our arsenal' against companies that fail to comply, as U.S. patients currently pay significantly higher prices for medications than in other countries.
Insights by Ground AI
Does this summary seem wrong?
157 Articles
157 Articles
Trump's Makes Ultimatum to Drug Companies Demanding Lower Prices by September
Ever wonder why your heart medication costs more than your mortgage payment? For decades, American families have faced an impossible choice at the pharmacy counter.... The post Trump’s Makes Ultimatum to Drug Companies Demanding Lower Prices by September appeared first on Patriot Journal.
·United States
Read Full ArticleCoverage Details
Total News Sources157
Leaning Left27Leaning Right27Center43Last UpdatedBias Distribution44% Center
Bias Distribution
- 44% of the sources are Center
44% Center
L 28%
C 44%
R 28%
Factuality
To view factuality data please Upgrade to Premium
