Trump Announces AstraZeneca Drug Price Reductions

1 min read
Source: Axios
Trump Announces AstraZeneca Drug Price Reductions
Photo: Axios
TL;DR Summary

President Trump and AstraZeneca announced a deal to lower drug prices by adopting 'most-favored nation' pricing for Medicaid and new drugs, along with discounts on a government website, while AstraZeneca invests in U.S. manufacturing; the agreement includes a tariff exemption but does not directly reduce prices for Medicare or private insurance, with more deals expected from other drug companies.

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