President Donald Trump announced a major drug-pricing agreement with pharmaceutical giant Pfizer, supposedly out of the blue. While the White House is also unveiling a new direct-to-consumer website called TrumpRx. It’s a huge shift in the drug-pricing wars, especially since this news comes just days after the President went on a tirade against Tylenol, which is made by a rival company to Pfizer, Johnson & Johnson.
It is weird that a president would badmouth a company before making a deal with their rival, but it seems like a way to butter Pfizer up and make J&J look bad, despite a history of pulling products even when they don’t need to for the public good. This is still a massive deal with one of the biggest drug manufacturers in the world to get prices down for Americans, and you can expect some medications to see discounts as high as 85%, per NBC.
