Story perspectives
Trump Unveils Plan to Lower Drug Prices with Pfizer
10/9/2025
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Story summary
- President Donald J. Trump announced Pfizer's agreement to lower drug prices at an Oval Office event.
- The White House will launch TrumpRx, a site to buy drugs directly from manufacturers.
- Trump aims to align U.S. prices with Europe and Canada using most-favored nation status.
- Experts say it may not lower costs due to fragmented negotiations across multiple insurance plans.
