President Donald Trump on Friday signed four executive orders aimed at lowering some prices that US citizens pay for prescription drugs that may have appeal as he faces an uphill re-election battle and criticism over his handling of the coronavirus pandemic.
At a White House ceremony, Trump laid out his plan to sign four executive orders regarding drug prices. One is about importation. The others would direct drugmaker rebates straight to patients and provide insulin and EpiPens at steep discounts to low-income people, as reported by Al Jazeera.
“Yesterday I signed four measures that will massively reduce the prices of prescription drugs, in many cases by more than 50%. Nothing like this has ever been done before because Big Pharma, with its vast power, would not let it happen. Expensive Insulin went from big dollars,” Donald Trump Tweeted today.