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Trump administration announces drug pricing deals with Teva, Astellas and others

The companies will offer lower prices tied to other wealthy countries and give state Medicaid programs discounts, the White House said.

  • The Trump Administration announced new drug pricing deals with companies including Teva Pharmaceuticals to lower Medicaid medicine costs in the U.S. by aligning prices with other developed countries under the GENEROUS framework.
  • Teva Pharmaceuticals committed to maintaining investment in scientific innovation and U.S. pharmaceutical manufacturing while supporting active pharmaceutical ingredient reserves for public health.
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The National Desk broke the news in Washington, United States on Monday, August 31, 2026.
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