Trump's Drug Deal: Lower Prices, Direct Sales
Update: 2025-12-20
Description
President Trump announces a deal with nine major drug companies to lower prescription medication costs in the US. Amgen, Merck, and Novartis will match prices in other developed countries for Medicaid drugs and offer most-favored-nation rates for new drugs. This move aims to help state budgets and uninsured patients. While Medicaid already has favorable rates, the true success will be improved national health. Additionally, companies will donate medications to a national reserve and provide free drugs like Eliquis to the Medicaid program.
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