Trump secures agreements with major drugmakers to lower Medicaid prescription costs for Americans [FOX Business Network]
Bristol-Myers Squibb Company (BMY)
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Source: FOX Business Network
President Donald Trump announced Friday his administration has reached new agreements with some of the world's largest drug manufacturers aimed at lowering prescription drug costs for Americans. Speaking from the Roosevelt Room, Trump revealed nine additional drug manufacturers have agreed to the administration's most-favored-nation pricing initiative, bringing the total to 14 of the 17 largest leading companies in the world. The agreement reached with the nine companies also encompasses $150 billion in combined new investment commitments in domestic manufacturing, research and development of pharmaceuticals. Friday's announcement ushered in deals with Amgen, Boehringer Ingelheim, Bristol-Myers Squibb, Genentech, Gilead, GSK, Merck, Novartis, and Sanofi – signifying a successful bargain between the manufacturers and the Trump administration. In July, Trump penned letters to the leaders of the 17 largest drug manufacturers looking to strike a deal to keep drug costs for those
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BMY
Earnings
- 10/31/25 - Beat
BMY
Sec Filings
- 11/18/25 - Form 8-K
- 11/12/25 - Form CERT
- 11/10/25 - Form 8-A12B
- BMY's page on the SEC website