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tetedur

(1,371 posts)
Tue Sep 30, 2025, 03:00 PM Sep 30

What will be Trump's cut of "TrumpRx"?

https://edition.cnn.com/2025/09/30/politics/pfizer-drug-prices-trump

Trump on Tuesday announced a multipronged effort aimed at lowering drug costs in the United States, including the creation of a “TrumpRx” direct-to-consumer website where Americans can buy medicine at discounted prices and a sweeping deal with Pfizer to reduce the prices of many of its products.
...Pfizer will sell drugs to Medicaid and set prices of new drugs at “Most Favored Nation” levels, the lowest price made available in peer countries. It will sell many of its primary care medicines and some specialty brand-name drugs at a 50% savings, on average, at TrumpRx, the company said. And it will expand its domestic manufacturing, while receiving a three-year reprieve on certain tariffs on pharmaceutical imports....
In addition to matching global pricing, Trump has become enamored with trying to lower prices by having drugmakers sell their products directly to consumers. He did not provide many details on the TrumpRx site in his news conference, though a White House fact sheet indicated the price break would be off a drug’s list price, which is before other discounts and rebates are applied....
As part of Tuesday’s announcement, Pfizer said it will invest an additional $70 billion on research and manufacturing projects in coming years. The company will receive a three-year grace period on tariffs the administration plans to impose....
The president does not have the legal authority to require drug companies to set their products at “Most Favored Nation” prices.
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TommyT139

(1,990 posts)
1. Anyone using the site can forget any expectations of privacy.
Tue Sep 30, 2025, 03:10 PM
Sep 30

Assuming prescriptions will be needed, a person would be consenting to include "TrumpRx" among organizations with which all their medical info is shared.

Does the regime have access anyway through CMS? Yes, but this is a case where the patient [still] has control.

Hopefully lawsuits will challenge any exclusivity of pricing on Pfizer's part.

Silent Type

(11,398 posts)
2. Depending on your view, if we even get close to foreign prices it could be an accomplishment. Don't have a lot of faith
Tue Sep 30, 2025, 03:11 PM
Sep 30

in trump, but I'm not going to go all bonkers over the effort. And I don't like bullying countries, companies, etc., with threat of tariffs. But I bet this is a popular move if it accomplishes any cuts, billions in research, etc.

Bernie Sanders supported the 10% investment in Intel, wonder where he stands on this.

Johonny

(24,857 posts)
3. I assume this will never exist
Tue Sep 30, 2025, 03:12 PM
Sep 30

And this was just a CEO blowing smoke up Trump's ass. In three years it will be rolled out . . . Or not. 99 % of this administration is gaslighting.

Torchlight

(5,845 posts)
4. Looking forward to the flaccid excuses
Tue Sep 30, 2025, 03:20 PM
Sep 30

they'll make to put lipstick on this pig and minimize its negative effects on us. "He (Trump) did not provide many details..." and neither will they.

chowder66

(11,421 posts)
5. Is he trying to compete with Mark Cuban's business?
Tue Sep 30, 2025, 03:29 PM
Sep 30

God do I have sticky brain today. Ugh. Had to edit my reply 3 times.

choie

(6,210 posts)
7. Does EVERYTHING have to be a grift with this POS?
Tue Sep 30, 2025, 04:00 PM
Sep 30

Are we going to change the name of our country to United States of Trump and pay our taxes directly to him? What the HELL is going on here?

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