Trump Unveils Deals With 9 Pharma Companies to Reduce Drug Prices
The president’s most-favored-nation pricing initiative now has 14 of the world’s top 17 drug manufacturers in agreement.
President Donald Trump makes an announcement, flanked by Medicare and Medicaid Administrator nominee Mehmet Oz and representatives from various pharmaceutical companies, from the Roosevelt Room of the White House in Washington, DC, on Dec. 19, 2025. Brendan Smialowski/AFP via Getty Images
WASHINGTON—President Donald Trump announced agreements with nine of the largest pharmaceutical companies to offer drugs to Americans at lower prices during a Roosevelt Room ceremony on Dec. 19.
“This represents the greatest victory for patient affordability in the history of American health care, by far, and every single American will benefit,” Trump said while flanked by executives representing the manufacturing giants.
Travis Gillmore
Author
Travis Gillmore is a White House reporter for The Epoch Times. He previously covered the California legislature and Gov. Gavin Newsom. Contact him at [email protected]