Trump Drug Order Ignores the Government's Interest in High Drug Prices, Ohio Expert Says

Trump drug order ignores the government's interest in high drug prices, Ohio expert says

(Photo by Wichayada Suwanachun/Getty Images)The issue of drug pricing has been as pressing in Ohio as anywhere. President Donald Trump last week issued an executive order requiring drugmakers to offer their products as cheaply here as they do overseas. But players in the industry say the order lacks detail about how it would make that happen. An Ohio expert said the order ignores the arcane, often self-serving way drug prices are inflated by myr…

Why Are US Drug Prices So High?

Alex Tabarrok joins Bob to break down Trump’s drug price executive order, price controls, and the real economics behind Big Pharma and healthcare innovation.

Make Prescription Drugs Affordable Again

Last week, President Donald Trump grabbed his Sharpie and signed an executive order to tackle the sky-high prescription drug prices in the U.S. The plan? A “Most Favored Nation” (MFN) pricing model that aligns U.S. drug costs wi...

Trump wants to ‘equalize’ and lower drug prices. Could Canada be impacted?

U.S. President Donald Trump has launched a new effort to lower prescription drug prices for Americans that targets foreign nations — both for the lower prices they pay and the potential to import cheaper drugs from those countries. Yet the federal government and policy experts say any potential impacts from the executive order signed this week — including supply shortages and higher prices — aren’t likely to hit Canada. “I don’t think this is ac…

Big Pharma’s Reliance On Pricing Negotiation Loophole Means Trouble

Guidance from the Centers for Medicare and Medicaid Services (CMS) could spell trouble for Johnson & Johnson, Merck, Bristol Myers Squibb, and other major drugmakers.

Drug Companies Should Lower Rx List Prices

JC Scott: “The sticker price, set solely by the drug company, decides the starting point for all PBM and drug company negotiations.” PCMA president and CEO JC Scott explains why it’s essential for drug manufacturers to lower their list prices. https://www.pcmanet.org/wp-content/uploads/2025/05/JC-Lower-the-List-Price-FINAL.mp4 “Pharmacy benefit managers support lower list prices for all prescription drugs for every patient,” said Scott in the v…