Trump announces Pfizer deal to lower drug costs, TrumpRx website

WASHINGTON — President Donald Trump announced Tuesday that he has secured a deal with drugmaker Pfizer to lower its prescription prices. The White House also announced a new direct-to-consumer website to sell medications at discounted rates, calling it TrumpRX, the administration said in a statement. The president didn't elaborate on how it will work. "This is a really big announcement," Trump said. "This is something that most people said was not doable." He said more deals with drugmakers would follow. Trump signed an executive order in May to get "most-favored nation status" with pharmaceutical companies, and the administration has been negotiating with drug companies since then. "Starting today, the United States will no longer subsidize the healthcare of foreign countries, which is what we were doing," Trump said at the time. "They paid a small fraction for the same drug we pay many, many times more for." Today's deal only applies "to one company and one program," Drew Altman, president and CEO of KFF, a health policy research group, told NBC. "Most Americans buy drugs through theiWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times