US President Donald Trump to announce new deals to lower drug prices, White House says
Published on: Dec. 20, 2025, 9:55 p.m. | Source: The Economic Times
President Trump is set to announce new agreements Friday aimed at lowering prescription drug prices, with major drugmakers like AbbVie, Bristol Myers Squibb, and Merck expected to participate. These deals follow previous outreach to pharmaceutical companies regarding "most-favored-nation" pricing for Medicaid and international price alignment. Five companies have already reached agreements with the administration.
