By Catalina Jaramillo and Kate Yandell
In signing an executive order aimed at reducing U.S. drug prices, President Donald Trump said some prices would be cut in half or more “almost immediately.” But the order is light on details of how the plan would be implemented.
Trump said during a May 12 press conference that his administration would pursue a “most favored nation” drug pricing strategy, in which pharmaceutical companies selling drugs in the U.S. would be required to match the lowest price paid by other developed countries.
