Trump Sets 60-Day Deadline for Drug Price Reductions
TL;DR
President Trump demanded 17 major drugmakers commit within 60 days to a 'most favored nation' pricing policy to lower U.S. drug prices, threatening to use all available tools if they do not comply, amid ongoing debates over international pricing parity and government intervention.
- Trump gives major drugmakers 60 days to cut U.S. prices Axios
- Trump Demands That Drugmakers Lower Some of Their U.S. Prices by September The New York Times
- Novo Nordisk shares hit 4-year low, Trump urges US drug price cuts Yahoo Finance
- Watches of Switzerland shares fall 7% after Trump's new tariffs CNBC
- Trump calls for price cuts on prescription drugs within 60 days in letters to Eli Lilly, Pfizer, other drugmakers NBC News
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