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Euronews
Euronews
AP with Euronews

Pfizer agrees to lower prescription drug costs for Medicaid

Pfizer has agreed to lower the cost of prescription drugs for Medicaid under a deal struck with the Trump administration, President Donald Trump said on Tuesday, as he promised similar deals with other drugmakers under the threat of tariffs.

Trump made the announcement at the White House alongside Pfizer CEO Albert Bourla just hours ahead of a government shutdown in a partisan standoff over healthcare and spending.

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