Pfizer Agrees to Cut Drug Prices—What to Know

Pfizer Agrees to Cut Drug Prices—What to Know
Pfizer CEO Albert Bourla speaks to President Donald Trump in Washington on Sept. 30, 2025. Win McNamee/Getty Images
Zachary Stieber
Zachary Stieber
Senior Reporter
|Updated:
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U.S. officials on Sept. 30 announced a deal with Pfizer that involves the drug company agreeing to cut prices for Americans.

Among the features of the agreement: Medicaid programs will have access to “most favored nation” pricing, or the lowest price among developed countries, moving forward. That could lead to better prices for the program that serves more than 70 million people, a senior administration official told reporters on a call on Sept. 30.

Zachary Stieber
Zachary Stieber
Senior Reporter
Zachary Stieber is a senior reporter for The Epoch Times based in Maryland. He covers U.S. and world news. Contact Zachary at [email protected]
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