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Abbvie, US reach agreement to cut drug prices

Abbvie, US reach agreement to cut drug prices

101 finance101 finance2026/01/13 00:03
By:101 finance

Jan 12 (Reuters) - Abbvie reached ​a ‌three-year agreement with ‌U.S. President Donald Trump's administration ⁠to ‌provide low prices in ‍Medicaid through TrumpRx, and ​pledged $100 billion ‌over the next decade for research and development ⁠in ​the U.S., ​the company said on ‍Monday.

(Reporting ⁠by Ruchika Khanna in ⁠Bengaluru; Editing ‌by Chris ‌Reese)

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