According to several White House officials, according to the report, according to the report is to introduce Pfizer Inc. This notification will include measures to make medicines more accessible to Americans, especially those that have been entered in Medicaid, Bloomberg reported.
Pfizer is expected to introduce a wide reduction in drug prices in the US, with Medicaid patients receiving the prices of the “most popular nation” for selected medicines, the intelligence socket said. This approach is in line with the continued pressure of Trump, so that drug costs in accordance with what foreign buyers pay.
Discounts on direct consumers via Trumprx
The company will also launch discounted direct consumer sales through the planned government website called Trumprx. This platform will allow Americans to pay cash for certain high volume drugs at government rates.
Investment in research and development and domestic production
Pfizer will announce an investment in research, development and domestic production of $ 70 billion, which signals a significant expansion of its US operations.
Support of the White House
“President Trump is doing more for lower health care costs than anyone else in Washington, DC,” said White House spokesman Kush Desai. “While the Democrats threaten to close the government to subsidize health care for illegal aliens, President Trump uses the power of the federal government drastically reduce drug prices for everyday Americans.”
Details of the Policy and Section of the industry
The policy of the most popular number of prices requires companies to reduce Medicaid prices, adapt US prices to those abroad for future drugs, and set up discounted sales of direct consumer.
Trump’s initiative monitors letters sent in July by 17 main drug manufacturers – including Eli Lilly, Novo Nordisk and Pfizer – adherence to compliance with September 29. The President warned that “every instrument in our arsenal” would “deploy” against companies that could not follow.
Domestic production and tariffs
In addition to lowering Trump prices, he pushed a drug manufacturer to increase domestic production. He recently announced plans for storing 100% of tariffs on imported branded or patented drugs, unless manufacturers build US plants, with fees starting October 1.
(Tagstotranslate) Pfizer Inc. (T) Prices on prescription
