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Trump administration to announce drug pricing deals

The agreements build on earlier deals with 17 major drugmakers and could save up to $64.3 billion over 10 years, officials said.

  • On Monday, President Donald Trump is expected to announce a new round of drug-pricing agreements as part of a push to make healthcare more affordable for Americans.
  • These new deals build on agreements the administration reached last year with 17 of the world's largest drugmakers, including Pfizer, Eli Lilly, and Amgen, to lower prescription costs.
  • Germany-Based Bayer, Japan's Takeda, and Australia-based CSL are expected to join the initiative, following reports that smaller mid-size firms previously delayed signing due to limited financial benefits.
  • Officials state the broader effort could save $64.3 billion in federal and state spending over the next decade, though they characterize this projection as speculative.
  • Ahead of midterm elections that will decide control of Congress, the White House is promoting these healthcare efforts while Trump continues pressuring manufacturers to lower prices.
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ReutersReuters
+5 Reposted by 5 other sources
Center

Trump administration to announce drug pricing deals

U.S. President Donald ​Trump is expected to announce a new round of drug-pricing agreements on Monday, a White ‌House official said, part of a push to make healthcare more affordable for Americans.

·London, United Kingdom
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Market Screener broke the news in Annecy, France on Monday, August 31, 2026.
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