Trump's Drug Pricing Initiatives and Pfizer Deal Spark Industry Shift

1 min read
Source: Axios
Trump's Drug Pricing Initiatives and Pfizer Deal Spark Industry Shift
Photo: Axios
TL;DR Summary

Pfizer's surprise deal with the Trump administration on drug pricing, including measures like not launching new drugs at higher U.S. prices than in other wealthy countries and selling drugs at discounted rates, has caught other pharmaceutical companies off guard and increased pressure for similar agreements, potentially influencing future drug pricing and industry dynamics.

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