Trump announces Pfizer price cuts for Medicaid; $70 billion investment promised

Pfizer agreed to lower prescription drug costs for Medicaid and invest $70 billion in US manufacturing, President Trump announced. This deal includes most-favoured-nation pricing for Medicaid, aiming to significantly reduce healthcare expenses. Pfizer's shares surged following the announcement, which precedes new US tariffs on branded drugs.

from Times of India https://ift.tt/PD57nIB
https://ift.tt/VJdoLCK September 30, 2025 at 11:00PM TOI BUSINESS DESK

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