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Trump announces Pfizer deal to cut Medicaid drug prices by up to 100% via TrumpRX program.
President Donald Trump announced a voluntary agreement with Pfizer to lower Medicaid drug prices, unveiling the initiative during a live Oval Office event.
The deal, part of the new TrumpRX program, will offer certain Pfizer medications at significantly reduced rates, with prices ranging from 50% to 100% off, and includes a commitment to reshore manufacturing and fund domestic R&D.
The new website, TrumpRX, will allow Americans to purchase drugs at discounted rates, aiming to cut out-of-pocket costs.
The announcement, made amid ongoing budget negotiations and a looming government shutdown, is being promoted as a major step toward lowering prescription drug expenses, though details on participating drugs and long-term sustainability remain limited.
Trump anuncia un acuerdo con Pfizer para reducir los precios de los medicamentos de Medicaid hasta en un 100% a través del programa TrumpRX.