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International Business Times UK
International Business Times UK
Niloy Chakrabarti

'TrumpRx': President Unveils New Drug Price-Cutting Website As Pfizer Agrees To Slash Costs By 50%

Donald Trump Pfizer TrumpRx United States
Trump has been voicing his concerns about high medication costs in the US for years. (Credit: Gage Skidmore/Flickr)

On Tuesday, US President Donald Trump unveiled plans during a news conference to lower drug prices across the country. The plan includes the development of a 'TrumpRx' direct-to-consumer website for Americans to purchase medicines at discounted prices. Trump also closed a deal with Pfizer to cut prices for many of its offerings.

'The US is done subsidising the health care of the rest of the world,' Trump had stated. 'By taking this bold step, we're ending the era of global price gouging at the expense of American families.'

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