reuters.com

Trump Administration Announces Drug Pricing Deals With Teva and Other Firms

Teva Pharmaceutical Industries logoTeva Pharmaceutical Industries
Sig3.90Sen+0.93Env0.00Soc+3.26Gov+0.80
Astellas Pharma logoAstellas Pharma
Sig4.86Sen+1.03Env0.00Soc+3.09Gov+1.13

International pharmaceutical companies agreed to cut some drug prices for federal health programs and to sell certain medicines directly to patients through a Trump-branded website. In return, they received tariff relief. The administration said the deals build on most-favored-nation pricing offered to Medicaid and could reduce costs, but it’s unclear how much savings will result for governments or patients.

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