Trump unveils drug-pricing deals with CSL, Astellas, and other biotechs

Regulation
โดย Seeking Alpha·US·Read original
Summary · why it matters

President Donald Trump introduced a new set of drug-pricing deals with global pharmaceutical companies and smaller biotechs on Monday, advancing efforts to cut healthcare costs for American consumers. Deals were signed with Astellas, BeOne Medicines, CSL, BridgeBio, Sun Pharmaceutical, and UCB SA, Trump said in an Oval Office event with executives, according to Reuters. These companies have offered drugs to state Medicaid programs at most-favored-nation prices, which Trump described as a tremendous discount that should bring down medical costs. Israel's Teva, which also attended, said it is still in discussions with the administration on a potential agreement. The number of drugs covered and the discounts remain unclear, as the White House did not release details and some companies described terms as private. The deals follow earlier agreements with 17 of the world's largest drugmakers, including Pfizer, Eli Lilly, and Novo Nordisk, which agreed to cut prices for federal health programs and sell some medicines directly to patients through a Trump-branded website in return for tariff relief.

Impact on stocks 10

Biotech & Genomic Medicine · 8 stocks
Astellas Pharma Inc.
4503
▼ NegativePricingrelevance

Astellas signed a deal to offer drugs to state Medicaid at most-favored-nation prices, cutting its US prices.

UCB SA
0NZT
▼ NegativeRegulationrelevance

UCB SA signed a drug-pricing deal to offer its drugs to state Medicaid at most-favored-nation prices, cutting US prices.

BeOne Medicines AG
6160
▼ NegativeRegulationrelevance

BeOne Medicines signed a deal to offer drugs to state Medicaid programs at most-favored-nation prices, reducing its US pricing.

BridgeBio Pharma Inc
BBIO
▼ NegativeRegulationrelevance

BridgeBio signed a drug-pricing deal to offer its drugs to state Medicaid at most-favored-nation prices, cutting its US prices.

Eli Lilly and Company
LLY
▼ NegativeRegulationrelevance

Eli Lilly is cited among the 17 large drugmakers that previously agreed to cut prices for federal health programs in return for tariff relief.

Pfizer Inc
PFE
▼ NegativeRegulationrelevance

Pfizer is named among the earlier drugmakers that agreed to cut prices for federal health programs and sell directly to patients.

Health Care · 1 stocks
Others · 1 stocks

Theme Impact 3

Off-coverage companies 2

CSL LimitedPrivate▼ Negative
Pricingrelevance

CSL signed a deal to sell drugs to state Medicaid at most-favored-nation discounted prices.

Sun Pharmaceutical Industries LtdPrivate▼ Negative
Pricingrelevance

Sun Pharmaceutical signed a deal to offer drugs to state Medicaid at most-favored-nation prices, reducing its US pricing.

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