U.S. is now shielding Pfizer. Feeling betrayed yet? You should
(open.substack.com)
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The End Price Gouging for Medications Act (H.R. 3391)
@VigilantFox-- Trump tells Pfizer CEO to his face that he is “surprised” he is agreeing to massive price cuts to his company’s drugs.
Albert Bourla smiled and stood silently as Trump announced devastating news for his company.
Pfizer will now be selling prescription drugs to Medicaid at the “most favored nation’s prices.”
This means that the company must match the lowest price it offers anywhere in the world.
For decades, Americans have been charged far more for the same medications sold cheaper overseas. Now Pfizer will be forced to align U.S. prices with the lowest global rate. -- https://x.com/VigilantFox/status/1973056445160604087
replies: -- @4MightyPatriot -- Trump showed us today he controls Albert. First Tylenol now Pfizer. Five years ago Albert thought Big Pharma controlled the world. Think about it. If 75% of other countries was paying cheaper prices on drugs than America, why would Pfizer agree to reduce America prices lower or on par with other nations. Trump has leverage on Albert. He praised DJT endlessly today.
Trump's warning that other pharma giants will soon follow suit, signaling a broader industry shift toward price alignment that could reduce U.S. healthcare costs by up to $100 billion over a decade according to preliminary White House estimates.