Trump signs executive order to lower drug prices in fight against Big Pharma - News Summed Up

Trump signs executive order to lower drug prices in fight against Big Pharma


President Trump signed an executive order Sunday to lower the cost of prescription drugs, he revealed on Twitter. Trump announced that the aim of the order is to reduce prices to give America “the same low price Big Pharma gives to other countries.”“Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries,” the president tweeted. Also just ended all rebates to middlemen, further reducing prices,” he added in a follow-up tweet. The Trump administration has regularly placed drug costs at the heart of its health policy, with the president already signing a series of four orders in July to lower drug prices.


Source: Fox News September 13, 2020 20:03 UTC



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