Pfizer Inc

PFE: XNYS (USA)

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Pfizer: First Out of the Gate With a Drug Pricing Agreement; Positioned to Avoid Major Headwind

Karen Andersen

Oct 1, 2025

The Trump administration and Pfizer announced an agreement on Sept. 30 that includes most-favored-nation pricing for Pfizer's drugs in Medicaid programs, discounts for direct sales of Pfizer drugs, and pricing parity with developed markets for new drug launches. Pfizer shares rose more than 6%.

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Pfizer Inc

Pfizer: First Out of the Gate With a Drug Pricing Agreement; Positioned to Avoid Major Headwind

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