Trump to Sign Executive Order Slashing Drug Prices—Immediate & Long-Term Implications
President Donald Trump is planning to sign an executive order this morning immediately reducing prescription drug prices by 30–80% and introducing a “most favored nation” reference pricing policy to tie US prescription drug prices to those paid in other high-income countries. This latest executive order heralds new era for global biopharmaceutical industry with widespread impact expected on access to medicine globally. Read here for more.