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Health

Trump Announces Pricing Deals With Nine Drugmakers

Former President Donald Trump has announced agreements with nine major pharmaceutical companies to significantly reduce drug prices for Medicaid and direct consumers. The companies will provide medications at prices equivalent to those in Europe, aiming for substantial savings in the US healthcare system.

Trump Announces Pricing Deals With Nine Drugmakers

Key Highlights

  • Trump announced deals with nine drugmakers to cut Medicaid drug prices.
  • The agreements align US drug prices with those in other wealthy countries.
  • Participating companies include Bristol Myers Squibb, Gilead Sciences, and Merck.
  • The initiative includes a planned TrumpRx website for direct consumer sales.
  • Officials expect 'massive savings' from these pricing changes.
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Sources

  1. Trump strikes deal with US drugmakers to cut Medicaid medicine costs
  2. Trump Announces Pricing Deals With Nine Drugmakers

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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