Relevance: primary · Type: event
Confidence90%
Since the start of his second term, President Trump has announced, negotiated, or proposed multiple initiatives aimed at reducing practices of the pharmaceutical industry.
Relevance: supporting · Type: background
Confidence90%
About 60% of American adults are worried about being able to afford prescription drug costs for themselves or their families.
Relevance: supporting · Type: background
Confidence90%
More than 80% of American adults consider the price of prescription drugs unreasonable.
Relevance: supporting · Type: background
Confidence90%
Most American adults support increased regulation to lower prescription drug costs.
Relevance: supporting · Type: background
Confidence90%
Americans pay about three times as much as people in other countries for the same prescription drugs.
Relevance: primary · Type: event
Confidence90%
Last July, President Trump sent letters to 17 drugmakers demanding they voluntarily lower drug prices.
Relevance: primary · Type: event
Confidence90%
President Trump said he negotiated with more than a dozen pharmaceutical executives individually at the White House.
Relevance: primary · Type: event
Confidence90%
In December, President Trump announced that he had compelled pharmaceutical executives to agree to "most favored nation" pricing on Medicaid.
Relevance: primary · Type: event
Confidence90%
President Trump unveiled TrumpRx, a website where cash-paying patients could find discounted medicines.
Relevance: primary · Type: event
Confidence80%
President Trump promised to expedite biosimilar products by reducing FDA regulatory requirements.
Mark Cuban, billionaire investor
Relevance: supporting · Type: quote
Confidence90%
"If it makes a difference to any patient, it's a win," said Mark Cuban, a billionaire investor.
Relevance: supporting · Type: event
Confidence90%
Mark Cuban pointed to discounted pricing on TrumpRx for branded fertility drugs and GLP-1 weight loss drugs for people without insurance or whose plans do not include coverage.
Aaron Kesselheim, professor of medicine at Harvard Medical School
Relevance: supporting · Type: quote
Confidence90%
"They don't change anything about the way drugs are priced," said Aaron Kesselheim, a professor of medicine at Harvard Medical School.
Aaron Kesselheim, professor of medicine at Harvard Medical School
Relevance: supporting · Type: quote
Confidence90%
"The agreements are opaque and unenforceable," said Aaron Kesselheim, a professor of medicine at Harvard Medical School.
Relevance: supporting · Type: background
Confidence90%
46brooklyn, a consulting firm and data project tracking brand-name drug prices, found that close to 1,000 brand-name drugs increased in list price in January 2026.
Relevance: supporting · Type: background
Confidence90%
In 2025, the number of brand-name drug list price increases was the highest on record.
Antonio Ciaccia, co-founder of 46brooklyn
Relevance: supporting · Type: quote
Confidence90%
"This is not a material change, it's business as usual," said Antonio Ciaccia, co-founder of 46brooklyn.
Relevance: supporting · Type: background
Confidence90%
In the first week of 2026, Pfizer raised the list prices of 71 drugs by an average of 5% and lowered the list price of one drug by 9.8%, according to data from 46brooklyn.
Relevance: supporting · Type: event
Confidence80%
The Trump administration continued the Medicare drug price negotiation program for expensive drugs that began under the Biden administration.
Relevance: supporting · Type: event
Confidence90%
Discounts negotiated on an initial 10 drugs, including blood thinners, insulins, and medicines for inflammatory disorders, went into effect on Jan. 1.
Relevance: supporting · Type: background
Confidence90%
Some negotiated price reductions for the initial 10 drugs exceeded 50%.
Relevance: supporting · Type: background
Confidence90%
The negotiated discounts are estimated to save $6 billion annually.
Relevance: supporting · Type: background
Confidence90%
The negotiated discounts allow the program to cap Medicare Part D out-of-pocket spending at $2,000 for 2025 and beyond.
Relevance: supporting · Type: event
Confidence90%
In 2025, an additional 15 high-priced drugs, including weight loss and cancer drugs, underwent negotiation, with discounted Medicare prices scheduled to take effect the following year.
Relevance: supporting · Type: event
Confidence90%
Fifteen additional high-priced drugs are set for negotiation this year.
Relevance: supporting · Type: background
Confidence90%
The 40 negotiated drug prices are expected to save Medicare over $20 billion annually.
Relevance: supporting · Type: action
Confidence80%
Drug industry lobbyists have worked to limit the impact of the negotiated Medicare drug price discounts.
Relevance: supporting · Type: background
Confidence90%
The One Big Beautiful Bill Act exempts drugs for rare diseases from Medicare drug price negotiations.
Aaron Kesselheim, professor of medicine at Harvard Medical School
Relevance: supporting · Type: quote
Confidence90%
"This is historic because it's the first time the United States has negotiated prices, like every other developed country," said Aaron Kesselheim, a professor of medicine at Harvard Medical School.
Relevance: supporting · Type: event
Confidence90%
After President Trump met with Albert Bourla, CEO of Pfizer, the company announced discounts on more than 30 drugs.
Albert Bourla, CEO of Pfizer
Relevance: supporting · Type: quote
Confidence90%
"A win for American patients, a win for American leadership, and a win for Pfizer," said Albert Bourla, CEO of Pfizer.
Relevance: supporting · Type: background
Confidence90%
Discounts offered via TrumpRx were provided as coupons co-branded with GoodRx.com.
Relevance: supporting · Type: background
Confidence90%
GoodRx.com offers discount coupons for many hundreds of medicines.
Relevance: supporting · Type: background
Confidence90%
Pfizer stated that the deal was part of its broader most favored nation agreement with the U.S. government that enables patients to pay lower prices for their prescription medicines.
Relevance: supporting · Type: background
Confidence90%
The TrumpRx.gov site offers patients savings up to 85%, according to Pfizer spokesperson Steven Danehy.
Relevance: supporting · Type: background
Confidence90%
TrumpRx lists the cholesterol-lowering drug Colestid for 50% off at $127.91.
Relevance: supporting · Type: background
Confidence90%
Generic versions of Colestid cost about $17 on the Cost Plus site.
Sean Tu, patent law expert at the University of Alabama
Relevance: supporting · Type: quote
Confidence90%
"That's a sale they would not have made if not for TrumpRx," said Sean Tu, a patent law expert at the University of Alabama.
Relevance: supporting · Type: background
Confidence90%
The 5-milligram branded Pfizer hydrocortisone product Cortef is listed at $45 on TrumpRx, which is half its list price of $91.80.
Relevance: supporting · Type: background
Confidence90%
The HIV treatment Viracept is listed at $607.20 on TrumpRx and is intended for use in combination with other drugs that are not discounted.
Relevance: supporting · Type: event
Confidence90%
TrumpRx added Amgen's Humira at $950 per dose, down from a list price of nearly $7,000.
Relevance: supporting · Type: background
Confidence90%
Humira lost its patent protection in 2023.
Relevance: supporting · Type: background
Confidence90%
Biosimilars of Humira have come to market since its patent protection expired.
Relevance: supporting · Type: background
Confidence90%
Two Humira biosimilars are listed on TrumpRx at $207.60 per dose.
Relevance: supporting · Type: background
Confidence90%
On TrumpRx, the price of Xeljanz decreased from $2,277 to $1,518 per month.
Relevance: supporting · Type: background
Confidence90%
TrumpRx, launched Feb. 6, features about 30 of roughly 85 Pfizer drugs.
Relevance: supporting · Type: background
Confidence90%
TrumpRx includes three fertility drugs from EMD Serono, of which Gonal-F is offered at $168 per IVF cycle with a coupon, down from a list price of $966.
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