President Donald Trump announced plans to partner with Pfizer that will see the company invest $70 billion to build U.S.-based drug manufacturing factories. Trump also announced plans to purchase some Pfizer drugs at wholesale prices and offer those savings to customers through a Trump Rx.
Trump said in the press conference, “In addition, Pfizer has agreed to provide some of their most popular current medications to all consumers at heavily discounted prices. We’re also announcing that moving forward, all new medications introduced by Pfizer to the American market will be sold at the ‘most favored nation’ cost, so we’ll be paying essentially what other countries are paying.”
