Trump Secures Drug Price Reductions with Major Pharma Companies

1 min read
Source: ABC News
Trump Secures Drug Price Reductions with Major Pharma Companies
Photo: ABC News
TL;DR Summary

President Trump announced agreements with nine pharmaceutical companies to lower drug prices in the U.S., including matching prices with other developed countries and offering new drugs at 'most-favored-nation' rates. The deal also involves donations of critical medicines and plans to launch a platform for direct drug purchases, aiming to improve drug affordability and health equity. The effectiveness of these measures will take years to fully assess.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

3 min

vs 4 min read

Condensed

90%

66466 words

Want the full story? Read the original article

Read on ABC News