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flag The U.S. launched a new drug pricing policy in 2025, requiring lower prices aligned with other developed nations.

flag In 2025, the U.S. government advanced a Most Favored Nation (MFN) drug pricing policy, aligning U.S. prescription drug prices with the lowest rates in other developed nations. flag Under a May executive order, the Centers for Medicare and Medicaid Services (CMS) set price targets, leading to voluntary agreements with five pharmaceutical manufacturers by November. flag These deals require manufacturers to offer MFN pricing to Medicaid programs, include new drug launches, and support direct-to-consumer sales via TrumpRx.gov. flag In exchange, some companies received delayed Section 232 tariffs and FDA Commissioner National Priority Vouchers to speed up drug reviews. flag The administration signaled further regulatory action if broader compliance is not achieved. flag The policy, part of a broader effort to reduce drug costs, marks a significant shift in U.S. healthcare and trade strategy, with potential impacts on international supply chains and pharmaceutical pricing.

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