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Trump, AstraZeneca announce US drug pricing deal at White House

AstraZeneca will offer Medicaid drugs at the lowest prices in developed countries and invest $50 billion in U.S. manufacturing, creating 3,600 jobs, officials said.

  • President Donald Trump announced a deal with AstraZeneca to provide Medicaid patients with discounted prescription drugs under a 'most-favored nation' policy.
  • AstraZeneca will invest $50 billion in U.S. manufacturing and research, creating approximately 3,600 jobs in Virginia.
  • The agreement aims to align U.S. drug prices with the lowest prices in other developed countries, significantly benefiting low-income patients.
  • The deal intends to reduce drug costs for Americans, countering high pharmaceutical prices.
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Donald Trump urges pharmaceutical companies to reduce their prices. Now, a second company has entered into an agreement with AstraZeneca. In return, there should be tariff reductions.

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Axios broke the news in Washington, United States on Friday, October 10, 2025.
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