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Trump strikes deal with Pfizer aimed at lowering prescription drug prices 

September 30, 2025
Pharmalot Columnist, Senior Writer
President Trump, flanked by administration officials and Pfizer CEO Albert Bourla, announces a deal with Pfizer to lower Medicaid drug prices in the Oval Office of the White House on Tuesday.
Win McNamee/Getty Images

Trump strikes deal with Pfizer aimed at lowering prescription drug prices

Pfizer to price some drugs in line with costs in other countries, participate in new direct-to-consumer website, and avoid tariffs.

By Daniel Payne and Matthew Herper


STAT+ | Trump, Pfizer, and the art of a drug pricing deal

Friendship, threats, and high-stakes negotiation: Pfizer's Oval Office deal with Trump could slash drug costs and reset U.S. pharma's balance of power.

By Matthew Herper


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George Tidmarsh was named head of the FDA's Center for Drug Evaluation and Research in July.
FDA YouTube

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George Tidmarsh, the head of the FDA's CDER division, has a personal connection to Kevin Tang, the largest investor in the company that makes the drug.

By Adam Feuerstein


Indivior to stop marketing Opvee, controversial overdose-reversal medication

Indivior halts Opvee promotion after NY settlement. Critics say the overdose drug is overpriced, risky, and no safer than widely used naloxone.

By Lev Facher


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