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NBC 5 Dallas-Fort Worthvia NBC NewsApr 16, 2026Local News

Drugmakers raised prices on hundreds of drugs despite Trump deals, report finds

President Trump claimed his deals with pharmaceutical companies would lower drug prices, a claim challenged by a new Senate report.

Drugmakers raised prices on hundreds of drugs despite Trump deals, report finds
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tl;dr

A report from Senate Democrats alleges that pharmaceutical companies raised prices on hundreds of drugs despite President Trump's publicized pricing deals. The findings suggest pharmaceutical profits surged to $177 billion in 2025 while new treatments launched with six-figure price tags.

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