Trump looking at cutting US drug prices to international levels, sources say
Source: Reuters
Drugmakers have been warned that the Trump Administration is considering linking U.S. medicine prices to lower amounts paid by other developed countries, according to two company sources who called the option the pharmaceutical industry's top concern.
Both sources, who were not authorized to speak publicly, said they expected the policy to come from the agency that oversees Medicare and Medicaid health programs.
The first source said he had been told directly by government health officials that they were exploring such a policy, which he described as a mid-level priority for the Trump Administration as it tries to lower drug prices.
The two sources said any such policy was more concerning to the industry than other government moves under discussion, which include tariffs on imported medicines. The first source said it is the biggest "existential threat to the industry and U.S. biosciences innovation."
Read more: https://www.reuters.com/business/healthcare-pharmaceuticals/trump-looking-cutting-us-drug-prices-international-levels-sources-say-2025-04-22/
This sounds too good to be true, it's probably more likely that Comrade Krasnov is preparing to shake down the drug industry.

travelingthrulife
(2,099 posts)They thought they had paid enough...
bucolic_frolic
(49,927 posts)This is just more bludgeoning of reality.
thatdemguy
(585 posts)You sound like your complaining that big pharma wont be able to fleece the the US system for tons of money. Again why should US patients and insurance companies shoulder the burden of all the costs for the R&D of medicines?
https://schaeffer.usc.edu/research/global-burden-of-medical-innovation/
People complain that health care costs are too high in this country, medicine prices greatly add to that cost. My 78 yo mother pays about 200 bucks a month in co pays for her medicines, and thats with a state retirement health care system. Her state pension is 800 bucks.
Every time I hear the pharmaceutical industry argument about "R&D" it makes my blood boil. People need to stop falling for the propaganda and repeating their lies.
SharonAnn
(14,025 posts)And government pays for significant portion of R & D.
mdbl
(6,261 posts)He doesn't give a shit about the welfare of the public.
FakeNoose
(37,192 posts)... to lower prices in Big Pharma. We're supposed to believe that he cares now? Hardly. He's just waiting for the pharm execs to all stand in line and smoochy-smoochy. As soon as he figures out how to collect $ from them, it's all over.
Supposedly he can't run for office again, so there's no asking for "campaign fund donations."
I don't know ... Maybe he'll ask them to donate to his "favorite charity."
Nittersing
(7,176 posts)Are they subject to tariffs?
Does the right hand know what the left hand is doing?
CrispyQ
(39,505 posts)I can hear it now, all over social media.
Then again, maybe he's planning on making Ivermectin & vitamin A less expensive for everyone?
unblock
(55,018 posts)Until he gets paid enough to forget about all that.
Silent Type
(9,017 posts)republianmushroom
(19,546 posts)Paladin
(30,214 posts)Hey, the Big Law firms and prominent universities forked over billions of dollars with barely a whimper---wouldn't want the pharmaceutical industry to be treated any differently, now would we?
Can't wait to see how much money trump makes off his second time as prez. As usual, he's making virtually no effort whatsoever to hide what he's doing---that's just what happens, when you're blessed with an essentially impotent political opposition.
EarlG
(22,831 posts)And he's going to build a wall and make Mexico pay for it, and end the Russia/Ukraine war, and lower the price of eggs, and replace Obamacare with a big beautiful health plan, and...
Bengus81
(8,706 posts)






generalbetrayus
(832 posts)maybe he'll get around to lowering the price of eggs.
louis-t
(24,263 posts)It'll never happen but he will probably say it did and maga will applaud.