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Trump Strategy to Rein In Drug Prices Revives ‘Most Favored Nation’ Plan of His First Term
President Trump’s executive order provides a framework for tying the prices of U.S. pharmaceutical products to the lower prices paid in other countries, what’s called most-favored-nation pricing. If drug companies do not lower their prices accordingly, the order proposes other strategies, such as importing drugs from other countries. The post Trump Strategy to Rein In Drug Prices Revives ‘Most Favored Nation’ Plan of His First Term appeared first on MedCity News.
President Trump’s executive order provides a framework for tying the prices of U.S. pharmaceutical products to the lower prices paid in other countries, what’s called most-favored-nation pricing. If drug companies do not lower their prices accordingly, the order proposes other strategies, such as importing drugs from other countries.
The post Trump Strategy to Rein In Drug Prices Revives ‘Most Favored Nation’ Plan of His First Term appeared first on MedCity News.
