Pharmaceutical Firms Navigate Trump’s Drug Pricing Deals
Amid President Trump's drug pricing agreements with major pharmaceutical companies, firms not named in these deals are seeking their own terms to avoid tariffs and Medicare price-setting initiatives. Industry sources report outreach efforts to negotiate terms while expressing concern about upcoming Medicare pilot programs and pricing strategies.
Several pharmaceutical companies excluded from President Donald Trump's drug pricing agreements are exploring their own negotiation strategies to avoid potential tariffs and new pricing schemes, according to industry sources.
Sources have indicated that these companies are reaching out to the White House and the Centers for Medicare & Medicaid Services to strike their own deals, prompted by concerns over proposed Medicare pilot programs potentially setting drug prices for millions of American seniors.
Among notable concerns, companies worry about the pilot programs, GLOBE and GUARD, which may enforce international pricing standards, affecting smaller manufacturers with limited product lines.
ALSO READ
-
Trump says he 'insisted' to Netanyahu that US talks with Iran continue as Israel wants them expanded
-
UPDATE 5-Trump tells Netanyahu he will continue talks with Iran to see if deal possible
-
Trump says he insisted to Netanyahu that US negotiations with Iran continue
-
Trump says 'nothing definitive' reached after meeting with Netanyahu
-
Trump says he insisted to Netanyahu that negotiations with Iran continue as US pushes for nuclear deal with Tehran, reports AP.