WASHINGTON—President Donald Trump announced agreements with nine of the largest pharmaceutical companies to offer drugs to Americans at lower prices during a Roosevelt Room ceremony on Dec. 19.
“This represents the greatest victory for patient affordability in the history of American health care, by far, and every single American will benefit,” Trump said while flanked by executives representing the manufacturing giants.
“So, this is the biggest thing ever to happen on drug pricing and on health care. This will have a tremendous impact on health care itself.”
The deals with Amgen, Bristol Myers Squibb, Genentech, Merck, and five others will reduce costs for treatments related to autoimmune diseases, cancer, diabetes, and other disorders….