Pfizer agrees to lower drug costs for Medicaid in deal with Trump

  • Posted on September 30, 2025
  • By Bing News
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Pfizer agrees to lower drug costs for Medicaid in deal with Trump

Drugmaker Pfizer has agreed to lower drug costs and invest $70 billion in U.S. manufacturing under a deal struck with the Trump administration, President Donald Trump said Tuesday. The announcement, which Trump made with Pfizer CEO Albert Bourla at the White House, came as the Republican president has for months sought to lower drug costs. It also came as Washington was facing a federal government shutdown at midnight amid a standoff between...
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