Trump deadline for drug pricing order passes with no action

The Hill

25 August 2020 - A deadline set by President Trump for moving forward with an executive order to lower drug prices passed at midnight on Tuesday without any action so far from the White House.

Trump held a highly touted signing ceremony on 24 July for four executive orders aimed at lowering drug prices, a key issue for voters ahead of the election. 

But on the most consequential of the orders, to lower certain Medicare drug prices by tying prices to those paid in other countries, Trump delayed the order for one month, until 24 August, saying he wanted to give the pharmaceutical industry time to make a deal.

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing