# The announcement is anticipated to occur at 5 p.m. ET in the Oval Office, with AstraZeneca CEO Pascal Soriot present.

*biotech · news · 2025-10-10 · Devdiscourse*

## Key points

- President Trump will announce a new agreement with AstraZeneca to cut U.S. drug prices.
- The deal introduces a 'most-favored-nation' pricing model benefiting low-income Americans and Medicaid users.
- AstraZeneca CEO Pascal Soriot will join Trump for the public announcement in the Oval Office.
- Prescription savings will be offered via the new TrumpRx website set to launch next year.

**Companies:** AstraZeneca, Pfizer
**Countries:** United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/health/3660063-trumps-big-pharma-deal-lowering-drug-prices)

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