Trump announces deal with Pfizer to offer drugs at lower prices on 'TrumpRX'
Pricing & Accessibility - Fiser commits to offering all prescription medications to Medicaid at most favored nation's prices, aiming to reduce Medicaid costs [1] - Fiser agrees to provide some popular medications to all consumers at heavily discounted prices, ranging from 50% to 100% off [1][2] - All new medications introduced by Fiser to the American market will be sold at reduced most favored nation costs [3] Investment & Manufacturing - Fiser will invest $70 billion to reshore domestic manufacturing facilities [3][4] - The investment will fund research and development in America [4] Industry Impact - The agreement aims to secure similar agreements with other major pharmaceutical companies [4]