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Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Mehmet Oz, administrator of the Centers for Medicare & Medicaid Services, in the Oval Office of the White House in Washington, DC, US, on Thursday, Nov. 6, 2025. Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash prices for their blockbuster weight-loss drugs in exchange for tariff relief and wider access for Medicare patients. Photo by Aaron Schwartz/Pool/ABACAPRESS.COM

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Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Mehmet Oz, administrator of the Centers for Medicare & Medicaid Services, from left, David Ricks, chief executive officer of Eli Lilly & Co., and Martin Makary, commissioner of the Food and Drug Administration (FDA), in the Oval Office of the White House in Washington, DC, US, on Thursday, Nov. 6, 2025. Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash prices for their blockbuster weight-loss drugs in exchange for tariff relief and wider access for Medicare patients. Photo by Aaron Schwartz/Pool/ABACAPRESS.COM

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Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Chris Klomp, deputy administrator of the Centers for Medicare and Medicaid, speaks in the Oval Office of the White House in Washington, DC, US, on Thursday, Nov. 6, 2025. Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash prices for their blockbuster weight-loss drugs in exchange for tariff relief and wider access for Medicare patients. Photo by Aaron Schwartz/Pool/ABACAPRESS.COM

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Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Donald Trump Announces Drug Pricing Deal With Pharma Giants - DC

Mehmet Oz, administrator of the Centers for Medicare & Medicaid Services, speaks in the Oval Office of the White House in Washington, DC, US, on Thursday, Nov. 6, 2025. Eli Lilly & Co. and Novo Nordisk A/S secured deals with the Trump administration to slash prices for their blockbuster weight-loss drugs in exchange for tariff relief and wider access for Medicare patients. Photo by Aaron Schwartz/Pool/ABACAPRESS.COM

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White House

White House

Centers for Medicare and Medicaid Services Administrator Mehmet Oz speaks during an annoucement about in vitro fertilization in the Oval Office at the White House Oct. 16, 2025. Photo by Francis Chung/Pool/ABACAPRESS.COM

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump, with Secretary of Commerce Howard Lutnick (L), AstraZeneca CEO Pascal Soriot (2-L), Virginia Governor Glenn Youngkin (3-L), Administrator of the Centers for Medicare & Medicaid Services Dr. Mehmet Oz (3-R), Secretary of Health and Human Services Robert F Kennedy Jr (2-R), delivers closing remarks following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump, with Virginia Governor Glenn Youngkin (L), AstraZeneca CEO Pascal Soriot (2-L) and Administrator of the Centers for Medicare & Medicaid Services Dr. Mehmet Oz (R), deliver remarks during the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump, with Virginia Governor Glenn Youngkin (L) and AstraZeneca CEO Pascal Soriot (C), delivers remarks during the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump, with Virginia Governor Glenn Youngkin (L), AstraZeneca CEO Pascal Soriot (2-L) and Administrator of the Centers for Medicare & Medicaid Services Dr. Mehmet Oz (R), deliver remarks during the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump, with Virginia Governor Glenn Youngkin (L), AstraZeneca CEO Pascal Soriot (2-L) and Administrator of the Centers for Medicare & Medicaid Services Dr. Mehmet Oz (R), deliver remarks during the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump, with Virginia Governor Glenn Youngkin (L) and AstraZeneca CEO Pascal Soriot (C), delivers remarks during the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump, with Virginia Governor Glenn Youngkin (L) and AstraZeneca CEO Pascal Soriot (C), delivers remarks during the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

Virginia Governor Glen Youngkin delivers remarks during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump for the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

AstraZeneca CEO Pascal Soriot, with US President Donald Trump, delivers remarks during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

Virginia Governor Glen Youngkin shakes hands with President Donald J. Trump during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump looks on during the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump arrives for the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump looks at a drug price discount chart during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump shakes hands with AstraZeneca CEO Pascal Soriot following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

Secretary of Commerce Howard Lutnick looks on during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

A poster lists discount rates during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

with AstraZeneca CEO Pascal Soriot looks on as US President Donald Trump delivers remarks on a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

Administrator of the Centers for Medicare & Medicaid Services Dr. Mehmet Oz delivers remarks during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

Secretary of Commerce Howard Lutnick looks on during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump delivers remarks on a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump delivers remarks on a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

Secretary of Health and Human Services Robert F. Kennedy Jr. delivers remarks during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

Secretary of Health and Human Services Robert F. Kennedy Jr. delivers remarks during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump responds to a question from the news media following the announcement of a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump delivers remarks on a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump looks on during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump looks on during the announcement of a drug pricing deal at a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump announces a drug pricing deal during a press conference in the Oval Office

US President Donald Trump delivers remarks on a drug pricing deal during a press conference in the Oval Office of the White House in Washington, DC, USA, 10 October 2025. The deal, made with AstraZeneca CEO Pascal Soriot, includes deep price cuts for the Medicaid health plans and discounted prices through the TrumpRx website opening next year.

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White House

White House

Centers for Medicare and Medicaid Services Administrator Mehmet Oz speaks during an announcement on using artificial intelligence to treat childhood cancer in the Oval Office at the White House Sept. 30, 2025. Photo by Francis Chung/Pool/ABACAPRESS.COM

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White House

White House

President Donald Trump speaks alongside, from left, Vice President JD Vance, Director of Medicare and Deputy Administrator of CMS Chris Klomp, Pfizer CEO Albert Bourla, Health and Human Services Secretary Robert F. Kennedy Jr., Centers for Medicare and Medicaid Services Administrator Mehmet Oz, and Food and Drug Administration Commissioner Marty Makary announce a drug-pricing deal with Pfizer in the Oval Office at the White House Sept. 30, 2025. Photo by Francis Chung/Pool/ABACAPRESS.COM

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White House

White House

Centers for Medicare and Medicaid Services Administrator Mehmet Oz, President Donald Trump, and Food and Drug Administration Commissioner Marty Makary take part in the announcement of a drug-pricing deal with Pfizer in the Oval Office at the White House Sept. 30, 2025. Photo by Francis Chung/Pool/ABACAPRESS.COM

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White House

White House

From left, Centers for Medicare and Medicaid Services Administrator Mehmet Oz, Pfizer CEO Albert Bourla, President Donald Trump, and Food and Drug Administration Commissioner Marty Makary announce a drug-pricing deal in the Oval Office at the White House Sept. 30, 2025. Photo by Francis Chung/Pool/ABACAPRESS.COM

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