Foreign Media: Trump Plans to Announce New Drug Price Reduction Agreement.

The White House said that Trump will announce a new agreement aimed at lowering prescription drug prices on December 19. It is expected that several major pharmaceutical companies, including AbbVie, Bristol-Myers Squibb, Gilead Sciences, and Merck, will announce price reduction agreements for certain drugs. Swiss pharmaceutical companies Novartis and Roche may also participate.

Previously, Trump had requested that 17 major pharmaceutical companies provide the most-favored-nation price for U.S. healthcare programs and ensure that the launch price of new drugs in the U.S. does not exceed that of other high-income countries. Currently, five companies, including Pfizer and Eli Lilly, have reached price restriction agreements with the government.

Original: toutiao.com/article/1851953369773196/

Statement: This article represents the views of the author alone.