Trump-Pfizer Deal: What Does It Mean For Drug Prices In America?

Trump-Pfizer Deal: What Does It Mean For Drug Prices In America?

Credits: Reuters and Pfizer

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Updated Oct 1, 2025 | 06:58 AM IST

Summary Pfizer, an American multinational pharmaceutical company on Tuesday said that it had agreed to cut prices for the drugs it sells to the Medicaid program for low-income Americans and to ensure the US would not pay more for new medicines as compared to other high-income nations. Trump has also signed and announced the deal to lower the prices. Read more to know.

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