Trump urges 17 drugmakers to cut prices within 60 days
TL;DR Summary
President Trump has demanded 17 pharmaceutical companies commit to lowering drug prices by September 29, including applying 'most favoured nation' pricing to Medicaid and offering US prices comparable to other developed countries, prompting share price declines and increased lobbying efforts, though legal and practical challenges remain.
- Trump demands drug companies lower prices before end of September Financial Times
- Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days CNBC
- Trump threatens drug giants with crackdown over prices The Guardian
- Trump calls for price cuts on prescription drugs within 60 days in letters to Eli Lilly, Pfizer, other drugmakers NBC News
- Trump sends letters to 17 pharmaceutical companies on reducing drug prices Fox Business
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