Trump's Plan to Lower Drug Prices
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Eli Lilly (NYSE: LLY) was an unstoppable bet in the past few years, but LLY stock finally started plateauing in the latter half of 2024 and has been underperforming since. The latest executive order on drug prices by President Donald Trump has only added to its woes, or has it?
European governments are examining whether U.S. President Donald Trump can force them to pay more for prescription medicines, after he issued an executive order to lower U.S. drug prices, roiling the global pharmaceutical industry.
Full Video/Highlights: Trump Announces Prescription Drug Price Caps, Press Conference On Many Topics
President Trump will hold a press conference Monday morning with Health and Human Services Secretary Robert F. Kennedy Jr. to announce an executive order to cap prescription drug and pharmaceutical prices at the lowest cost offered in any other country.
The order is based on a "most favored nation" pricing model, which is similar to a policy Trump pushed in his first administration.
6don MSN
The editorial board of the Wall Street Journal is criticizing President Trump over an executive order expanding drug price controls. “For that trade we could have elected Democrats,”
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