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Trump's Drug Price Order Shakes Pharma Stocks

5/15/2025

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Summary

Story summary

President Trump's latest executive order to reduce drug prices has sent shockwaves through the pharmaceutical industry, leading to immediate stock declines. While the order is light on specifics, the U.S. Centers for Medicare and Medicaid Services is set to reveal 15 drugs for negotiation by February, with new prices rolling out on January 1, 2028.

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Story summary

President Trump's latest executive order to reduce drug prices has sent shockwaves through the pharmaceutical industry, leading to immediate stock declines. While the order is light on specifics, the U.S. Centers for Medicare and Medicaid Services is set to reveal 15 drugs for negotiation by February, with new prices rolling out on January 1, 2028.