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Trump Secures 26 Pharma Deals to Cut Drug Prices

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Story summary
  • U.S. President Donald Trump struck deals with 26 pharmaceutical companies to lower U.S. prescription drug prices.
  • He announced that all 50 states will adopt the policy, matching prices paid by reference nations.
  • Experts warned the most-favoured-nation (MFN) pricing could raise Canadian drug costs or delay new medicine launches.
  • Public Citizen released redacted agreements showing Eli Lilly’s GLP-1 drugs excluded from the MFN pricing.