Trump reportedly plans to announce new drug pricing deals with nearly a dozen drugmakers

U.S. President Donald Trump makes an announcement about lowering the cost of drug prices, at the Roosevelt Room of the White House in Washington, D.C., U.S., Dec. 19, 2025. Evelyn Hockstein | ReutersNearly a dozen drugmakers are slated to ink deals with President Donald Trump on Monday to voluntarily sell their medications for less, MS NOW reported, building on his push to link the nation's drug prices to cheaper ones abroad.It is unclear which companies will be included, according to the MS NOW report. Trump is scheduled to make an announcement on healthcare affordability at 3:00 p.m. ET on Monday.Over the past year, the Trump administration has reached drug pricing deals with 17 pharmaceutical companies, including Pfizer, Eli Lilly and Novo Nordisk, as part of its "most favored nation" policy. Trump signed an executive order in May 2025 to revive that policy, calling for prices to be increased outside of the U.S. and to "end global freeloading."The reported deals would add to the White House's efforts to spotlight healthcare affordability ahead of the midterm elections. Bloomberg reported last week that the drugmakers on Monday are expected to agree to provide discounts on outpat...