White House Touts Largest Prescription Drug Price Drop in Over 60 Years Due to 'Most Favored Nation' Policies

The White House announced that prescription drug prices have recorded their largest annual decline in over 60 years, the steepest drop since 1963. This is attributed to the Trump Administration's 'Most Favored Nation' policies, which have led 17 major drugmakers to align U.S. prices with those in comparable developed nations. The administration's TrumpRx platform is also credited with generating $700 million in savings for millions of American patients.