Trump Says He Was Stunned by Mark Cuban Praising His Drug Price Caps: I Was In a State of Shock'
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Trump Says He Was Stunned by Mark Cuban Praising His Drug Price Caps: I Was In a State of Shock'
"Americans pay for by far, prices that were many, many times what the rest of the world was paying, because we had a president that didn't know what they were doing."
"The United States is just 4% of the world's population of consumers, only 13% of all prescription drugs. Yet pharmaceutical companies have been making 75% of their profits from American customers."
"Additionally, they'll also offer their current drug which lowers cholesterol and fights heart disease, to all consumers at a dramatically lower cost. It will come down from $537 to $225."
"Mark Cuban, of all people, said it's amazing what Trump has done with this. I can't believe when I heard him say that, I was sort of in a state of shock."
President Trump unveiled a prescription drug deal with Regeneron, highlighting Mark Cuban's support for capping drug prices. Trump criticized previous administrations for high drug costs, claiming Americans pay significantly more than other countries. He introduced the TrumpRx program, which aims to provide medications at lower prices. The Regeneron deal includes a cholesterol-lowering drug, reducing its price from $537 to $225. Trump expressed surprise at Cuban's praise for his efforts, emphasizing the success of the TrumpRx initiative.
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