The United States has launched an investigation into Germany's pharmaceutical pricing policies to determine whether they unfairly disadvantage American companies and restrict U.S. commerce.
U.S. Trade Representative Jamieson Greer said the probe would examine whether Germany's so-called “persistent underpayment” for innovative medicines is unreasonable or discriminatory.
The investigation, launched under Section 301 of the Trade Act of 1974, follows months of discussions between Washington and Berlin, according to Greer.
Greer said President Donald Trump believes American patients should not shoulder a disproportionate share of global pharmaceutical research and development costs.
He also criticized reports that Germany is considering measures that could further reduce spending on innovative medicines, calling it a "serious step backwards."
Germany is pursuing healthcare reforms aimed at lowering insurance costs and saving more than €16 billion in healthcare spending.
The move comes amid longstanding criticism of high prescription drug prices in the United States. A 2024 RAND Corporation study found U.S. prescription drug prices were nearly three times higher than those in 33 other countries.
Supporters of Germany’s pricing system argue the policies are designed to keep medicines affordable and control healthcare spending, while Washington says trading partners should contribute more to funding pharmaceutical innovation.
British Prime Minister Keir Starmer has said the violent attacks in Edinburgh, Scotland, on Friday, which left five men injured, were motivated by "an...
Britain's Observer newspaper reported that Prime Minister Keir Starmer is expected to resign on Monday and outline a timetable for his departure. ...
The United States has launched an investigation into Germany's pharmaceutical pricing policies to determine whether they unfairly disadvantage America...
U.S. Vice President JD Vance arrived in Switzerland on Sunday for peace talks with Iran, as a dispute over the Strait of Hormuz threatened to complica...
Thousands gathered in Novi Sad, Serbia, to commemorate the deaths of 16 people in the 2024 railway station awning collapse and renew calls for snap el...
British Prime Minister Keir Starmer has said the violent attacks in Edinburgh, Scotland, on Friday, which left five men injured, were motivated by "anti-Muslim hatred".
Thousands gathered in Novi Sad, Serbia, to commemorate the deaths of 16 people in the 2024 railway station awning collapse and renew calls for snap elections.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 20 June, covering the latest developments you need to know.
The United States will continue reviewing Iran's travel arrangements at the 2026 World Cup, but current restrictions remain in place despite Tehran's plans to lodge a complaint with FIFA, a White House official said.
A train driver has been killed and nine people remain in a critical condition in hospital, after two trains collided near Beford in the east of England on Friday. The passenger trains heading to London collided at around 17:15 local time (1615 GMT).
Morocco captain and PSG defender Achraf Hakimi will face trial in France after an appeals court ruled there was enough evidence for the case to proceed.
A magnitude 5.8 earthquake struck southwest of Greece’s island of Crete on Saturday, with no immediate reports of damage.
Paraguay kept their World Cup hopes alive with a hard-fought 1-0 victory over Türkiye, but the celebrations were tempered by a costly red card for veteran forward Miguel Almirón.
Israel and Hezbollah have agreed to a ceasefire, a senior U.S. official has said. Hezbollah has released a statement saying Israel must leave southern Lebanon. Israel has said it agrees to the ceasefire, but has said its armed forces won't leave Lebanon and will resume hostilities if attacked.
The European Commission has announced €493 million in emergency support for the Ebola response, including funding for vaccines, treatment and health security measures.
The United Nations World Food Programme (WFP) has welcomed an $800 million contribution from the U.S., saying the funding will strengthen humanitarian operations as global hunger continues to rise.
A Canadian mother has filed a lawsuit against OpenAI and its chief executive Sam Altman, alleging that the company's ChatGPT chatbot encouraged her daughter's suicidal thoughts and failed to intervene before her death.
A U.S. doctor who contracted Ebola while on a humanitarian mission in the Democratic Republic of Congo has recovered and been discharged from a hospital in Germany, according to officials.
Protesters in Nanyuki blocked roads and burned tyres after residents challenged a U.S. plan to house Americans exposed to Ebola at a nearby military base.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment