President Donald Trump on Thursday announced a new program to cut the costs of pharmaceuticals for consumers, a problem he repeatedly has worked to address while in the White House.
The new plan, according to a report from legacy wire service AP, is that drugmaker Regeneron will lower the cost of its products to comply with the president’s drug price cutting agenda.
“The deal involves Regeneron lowering the prices of current and all future drugs on Medicaid, according to Trump. It also involves selling a cholesterol drug called Praluent for $225 on the White House’s discounted drug website TrumpRx, according to the agreement first outlined by NOTUS and confirmed by White House press secretary Karoline Leavitt,” the report said.
BREAKING: President Trump signs off on the “largest drop in prescription drug prices in the history of the United States of America.”
“17 of the world’s largest pharmaceutical companies, representing 80% of the branded drug market, have now agreed to sell their drugs to American… pic.twitter.com/nkaX0Vf6aK
— Fox News (@FoxNews) April 23, 2026
Reports said an Oval Office event was held for Trump is sign off “on the ‘largest drop in prescription drug prices in the history of the United States of America.’”
HHS Secretary RFK Jr. cited the president’s relentless push to slash drug prices since his first day in office: “During his first term, he held the line on drug prices for the first time in history. He came back on this term and he said, we’re going to lower them this time no matter what.”
NOW: Secretary RFK Jr. details President Trump’s relentless push to slash drug prices since his first day in office:
“During his first term, he held the line on drug prices for the first time in history. He came back on this term and he said, we’re going to lower them this time… pic.twitter.com/KyPFP3D2sg
— Fox News (@FoxNews) April 23, 2026
BREAKING: Trump announces Regeneron will be giving away a new drug that cures deafness through a partnership with the Trump administration
“Even the fake news has to be impressed by that” -Trump pic.twitter.com/WuCSNcgo89
— Libs of TikTok (@libsoftiktok) April 23, 2026
The announcement apparently comes as part of the president’s mission to address economic relief for families in America.
“It’s one of many so-called most-favored-nation deals the Trump administration has made with drug companies to bring U.S. pharmaceutical prices to the same level as other developed nations,” the report said.
Also part of the deal reportedly is a promise from Regeneron to spend some $10 billion to move drug production operations into the United States.
Kennedy reported more details about the program will be made available, with the exception of proprietary information or trade secrets.
One moment in the White House event got attention:
A BEAUTIFUL moment just occurred in the Oval Office
President Trump just told the mother of 2-year-old Travis the FDA has APPROVED a therapy that CURED his deafness
TRUMP: “He took this miracle cure and now he can hear his mom, Sierra, say ‘I love you.’”
MOM: “He didn’t… pic.twitter.com/vX7jBBN8mi
— Nick Sortor (@nicksortor) April 23, 2026
Reports said, “President Trump just told the mother of 2-year-old Travis the FDA has APPROVED a therapy that CURED his deafness.”
Trump said, “He took this miracle cure and now he can hear his mom, Sierra, say ‘I love you.’”
Sierra, “He didn’t know his name. He couldn’t hear me tell him how much I love him. And now with this amazing surgery, he can listen to music. He loves it and he loves to dance and he loves instruments, and I’m so proud of him and he’s been so brave through all of this. Now he can hear, and he has a bright future ahead of him. I’m so thankful…”
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