President Donald Trump on Tuesday announced a landmark agreement with Pfizer to offer significant discounts on a range of prescription medications in the United States.
Speaking from the Oval Office, Trump said the deal will make some of Pfizer’s “most popular” medicines available to all Americans at prices reduced by 50% to 100% through a federal government-operated website and direct online purchases.
The agreement stems from the “most favoured nation” drug pricing model introduced earlier this year. Trump indicated that other pharmaceutical companies are expected to follow suit in the coming weeks. He also warned that firms failing to lower prices could face tariffs equivalent to the cost difference.
Pfizer CEO Albert Bourla described the announcement as a “historic day,” saying the deal reverses an “unfair situation” and puts American patients first. Bourla added that Pfizer plans to invest $70 billion in manufacturing and research within the US over the coming years, aiming to expand development of cancer treatments, obesity medicines, vaccines, and other essential drugs.
“This is a historic moment for patients and for the future of healthcare in America,” Bourla said, highlighting the company’s commitment to boosting domestic production and research.
The Trump administration described the agreement as a major step in lowering drug costs and increasing access to essential medications for Americans nationwide.
On the second day of Baku Climate Action Week (BCAW), attention centred on strengthening international cooperation, accelerating the transition to cle...
On 30 September, President of the Republic of Azerbaijan Ilham Aliyev and President of the Italian Republic Sergio Mattarella delivered statements to ...
The U.S. State Department has approved a potential sale of M142 High Mobility Artillery Rocket Systems (HIMARS) and associated equipment to Australia,...
South African Ambassador to France Nkosinathi Emmanuel “Nathi” Mthethwa was found dead on Tuesday at the base of the four-star Hyatt Regency Hotel...
President Donald Trump on Tuesday announced a landmark agreement with Pfizer to offer significant discounts on a range of prescription medications in ...
On the second day of Baku Climate Action Week (BCAW), attention centred on strengthening international cooperation, accelerating the transition to clean energy, and ensuring a fair and inclusive approach.
On 30 September, President of the Republic of Azerbaijan Ilham Aliyev and President of the Italian Republic Sergio Mattarella delivered statements to the press in Baku.
The U.S. State Department has approved a potential sale of M142 High Mobility Artillery Rocket Systems (HIMARS) and associated equipment to Australia, the Pentagon announced Tuesday.
South African Ambassador to France Nkosinathi Emmanuel “Nathi” Mthethwa was found dead on Tuesday at the base of the four-star Hyatt Regency Hotel in western Paris, French authorities confirmed.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
A powerful 7.4-magnitude earthquake struck off Russia’s Kamchatka Peninsula on 13 September with no tsunami threat, coming just weeks after the region endured a devastating 8.8-magnitude quake — the strongest since 1952.
US President Donald Trump, alongside Israeli Prime Minister Benjamin Netanyahu, unveiled a 20-point peace plan on September 29, 2025, aiming to end the Gaza conflict. The proposal addresses key geopolitical, humanitarian, and security issues, offering a pathway to peace.
The U.S. federal government could face a shutdown if Congress fails to pass a budget bill before the end of fiscal year 2025 on Wednesday. A shutdown would force the suspension of all non-essential federal activities.
At least five people have died following a magnitude 6.9 earthquake that struck the Philippines on Tuesday, authorities report.
A flotilla of ships heading towards the Gaza Strip is preparing for a potential interception by Israeli forces, according to activists on board.
The U.S. State Department has approved a potential sale of M142 High Mobility Artillery Rocket Systems (HIMARS) and associated equipment to Australia, the Pentagon announced Tuesday.
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