President Donald Trump announced a landmark deal with Pfizer to lower prescription drug prices, marking a significant shift in the nation's healthcare landscape. The agreement includes the launch of a government-operated website called 'TrumpRx,' aiming to make high-priced medications more affordable for millions of Americans.
Under the deal, Pfizer will sell its drugs at "Most Favored Nation" levels, offering discounts averaging 50% on many of its primary care medicines and specialty brand-name drugs, with some prices reaching as high as 85% off. The TrumpRx website, set to launch in early 2026, will be a one-stop shop for Americans seeking affordable prescription medications.
President Trump declared, "The United States is done subsidizing the health care of the rest of the world." Pfizer's CEO Albert Bourla praised the deal, saying, "We are committed to making our medicines more accessible and affordable for patients around the world." The deal has also been welcomed by healthcare advocates, who see it as a major victory in the fight against high prescription drug prices.
Politics
Us Politics
Prescription Drugs
Donald Trump
Healthcare
President Trump Unveils TrumpRx Website to Lower Prescription Drug Prices
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Europe
October 1, 2025
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The Pfizer name is displayed at the company's headquarters in New York on February 5, 2021.
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