On July 31st, the White House published a Fact Sheet titled “President Donald J. Trump Announces Actions to Get Americans the Best Prices in the World for Prescription Drugs," which outlines several steps President Trump is taking to reduce drug prices. The Fact Sheet summarized letters President Trump sent several leading pharmaceutical companies outlining the steps they must take to bring down the prices of prescription drugs in the United States to match the lowest price offered in other developed nations.   The letters are a part of an overall initiative of President Trump to reduce drug prices, as announced in an Executive Order titled: “Delivering Most-Favored-Nation Prescription Drug Pricing to American Patients."

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