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  1. Fact Sheet: President Donald J. Trump Announces ... - The White …

    Dec 19, 2025 · Fact Sheet: President Donald J. Trump Announces Largest Developments to Date in Bringing Most-Favored-Nation Pricing to American Patients

  2. 9 more drugmakers agree to Trump’s policy to lower some prices

    Dec 19, 2025 · The White House announced Friday that nine additional pharmaceutical companies have agreed to follow President Trump’s “most favored nation” (MFN) drug pricing …

  3. Most-Favored-Nation Prescription Drug Pricing Executive Order: …

    Jun 5, 2025 · From this statement, it appears that HHS intends to apply the most-favored-nation (MFN) pricing only to single-source drugs (i.e., "brand-name" drugs without any approved …

  4. HHS, CMS Set Most-Favored-Nation Pricing Targets to End Global ...

    May 20, 2025 · Most-Favored-Nation policy builds on President Trump’s broader reforms to eliminate global freeloading and ensure every American has access to affordable, life-saving …

  5. Trump announces drug pricing deals with nine drugmakers

    Dec 19, 2025 · Trump announces drug pricing deals with nine drugmakers, touting impact on affordability The President said more deals would be announced next week, and suggested …

  6. Understanding the MFN Clause: Equal Trading Terms Explained

    Oct 2, 2025 · The most-favored-nation (MFN) clause is a key rule in international trade that requires countries to treat all World Trade Organization (WTO) members equally by offering …

  7. AbbVie, several other pharma companies near MFN deal with …

    Dec 17, 2025 · AbbVie and several other drugmakers are expected to announce on Friday agreements with the U.S. government to lower certain prescription drug prices and meet other …

  8. 9 pharmas reach US drug price deals with Trump administration

    Dec 19, 2025 · Amgen, Boehringer Ingelheim, BMS, Gilead, GSK, Merck & Co., Novartis, Roche and Sanofi have reached drug price deals with the Trump administration.

  9. Trump Sends Letters to 17 Leading Pharma Companies Outlining …

    Aug 1, 2025 · President Trump mandates 17 pharmaceutical companies to implement MFN pricing, aligning US drug prices with the lowest in developed nations. The MFN policy could …

  10. The Global Risks of America’s “Most-Favored-Nation” Drug Pricing …

    May 22, 2025 · On May 12, 2025, President Donald Trump signed Executive Order 14,297, directing the adoption of an MFN pricing model for prescription drugs. Under this policy, …