{"id":175186,"date":"2025-10-02T13:14:09","date_gmt":"2025-10-02T13:14:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/175186\/"},"modified":"2025-10-02T13:14:09","modified_gmt":"2025-10-02T13:14:09","slug":"pfizer-to-offer-cheaper-us-drugs-via-trumps-website-in-new-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/175186\/","title":{"rendered":"Pfizer to offer cheaper US drugs via Trump&#8217;s website in new deal"},"content":{"rendered":"<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">In a statement on Tuesday, Pfizer said the majority of its primary care drugs would be available on TrumpRx, but did not disclose specific medicines.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">The company also said it would invest an additional $70bn (\u00a352bn) in US manufacturing, research and development. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Pfizer&#8217;s agreement is the latest example of concessions from pharmaceutical companies to avoid Trump&#8217;s tariffs on branded drugs for three years.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Albert Bourla, Pfizer&#8217;s chief executive, said: &#8220;We now have the certainty and stability we need on two critical fronts, tariffs and pricing.&#8221;<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Pfizer shares rose nearly 7% on Tuesday following the announcement.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Trump conceded that drug prices may rise abroad because of his actions aimed at lowering prices in the US. <\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">Eli Lilly, for example, has said it will raise drug prices in Europe &#8220;in order to make them lower&#8221; in the US.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph e1jhz7w10\">It is unclear whether Trump&#8217;s push including the direct-to-consumer website, which is expected to launch early 2026, will actually bring down prices for American consumers, since insurance companies and other middlemen also influence costs.<\/p>\n","protected":false},"excerpt":{"rendered":"In a statement on Tuesday, Pfizer said the majority of its primary care drugs would be available on&hellip;\n","protected":false},"author":2,"featured_media":175187,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[102,6591,56,54,55],"class_list":{"0":"post-175186","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-medication","8":"tag-health","9":"tag-medication","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/175186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=175186"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/175186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/175187"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=175186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=175186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=175186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}