US EditionUofL doctor says prescription drug prices can reflect development costs as Trump pushes to lower them
- On May 13, 2025, in Washington D.C., President Donald Trump issued an executive order aimed at reducing U.S. Prescription drug costs by aligning them with the lowest prices paid in other developed nations.
- The order addresses concerns that prescription medication costs in the U.S. Are significantly greater than those in other countries, but experts remain skeptical about the president’s authority to enforce price cuts and question whether consumers will actually benefit.
- The Health and Human Services Secretary has 30 days to establish pricing goals, and drug manufacturers must voluntarily meet these targets or risk facing federal price limits and increased drug imports if they fail to comply.
- President Trump stated that they would use the lowest available price as a benchmark for payment, while pharmaceutical companies cautioned that the executive order could lead to decreased investment in research.
- The executive order could lead to legal challenges due to limited presidential authority, relies heavily on drug companies’ voluntary action, and its overall effectiveness remains uncertain.
16 Articles
16 Articles
President Trump Signs Executive Order Aiming to Lower Drug Prices
Photo: Ryan Garza ~ USA TODAY NETWORK WASHINGTON D.C., May 13, 2025 ~ President Donald Trump signed an executive order that he says will lower drug prices by basing their cost on prices in other countries. He ordered the Department of Health and Human Services to come up with price targets within 30 days and for drug makers to start offering patients the lowest price paid for a drug in a peer country. The executive order outlines some ramificat…
Eternally Miserable: The View Decries Trump Trying to Lower Drug Costs
There’s seemingly nothing that President Trump could do that would get the approval of the eternal haters on ABC’s The View, even when it was the exact same thing their side of the political isle was trying to do. During their Tuesday show, the liberal ladies were up in arms and raging at Trump for wanting to lower the cost of prescription drugs in America, and were not dissuaded even after learning that progressives on the left wanted to enact …
Drug Pricing Executive Order Addresses a Real Problem with the Wrong Solution
Yesterday, President Trump signed an executive order entitled “Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients.” Among a few other initiatives, this EO directs the Secretary of Health and Human Services to establish a mechanism through which Americans can buy their drugs directly from manufacturers at a “Most-Favored-Nation” (MFN) price. While the Administration has correctly identified the unique problems facing th…
Prescription drug prices still surging despite efforts by federal government
President Donald Trump signed an executive order this week that takes aim at the exorbitant costs the U.S. pays for drugs in comparison to other developed nations. He touted that the order will ensure the U.S. pays the lowest possible price for medications that have continued to take a chunk out of consumer wallets. But while policymakers have been trying for years to improve medication access and affordability, Tori Marsh, GoodRx’s senior direc…
UofL doctor says prescription drug prices can reflect development costs as Trump pushes to lower them
President Donald Trump signed a new executive order Monday aimed at slashing the cost of prescription drugs in the United States, calling current prices “outrageous” and “unfair to patients.”
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