Trump strikes with AstraZeneca to lower drug prices for Americans
The Trump administration has reached a deal with pharmaceutical giant AstraZeneca to cut its drug prices, marking it the second drugmaker in as many weeks to agree to President Trump’s demand for lower medicine prices.
Friday’s announcement comes 10 days after Mr. Trump struck a deal with Pfizer after pressing drug companies to adopt “Most Favored Nation” pricing in the U.S., which ties American drug prices to lower costs overseas.
“It’s pretty beautiful to watch AstraZeneca, the largest pharmaceutical manufacturer in the United Kingdom, committing to offer Americans major discounts on their vast catalog of prescription drugs,” Mr. Trump said in remarks from the Oval Office.
AstraZeneca will sell some of its drugs at a discount through the TrumpRx website, which is planned to go live next year.
Mr. Trump also announced that U.K.-based AstraZeneca w …
