President Donald Trump signed an executive order on Monday aimed at reducing prescription drug prices in the US, a move that he said could lower prices by between 59% and 90%. The plan, which Trump called "Most Favored Nation," would require pharmaceutical companies to align US prices with those paid in other countries.
Key Points of the Executive Order
-
Affordability: The executive order is part of Trump’s efforts to make medication more affordable for Americans. According to the plan, American consumers would pay the same price for medications as other countries.
-
Industry Support: Trump expressed confidence that his plan has industry support, stating, "Pharmaceutical companies were great to work with." He credited them for their cooperation.
-
Criticism of Foreign Countries: Trump criticized foreign countries for allegedly taking advantage of the US on drug pricing, accusing them of "ruthlessly" ripping off American consumers. He also blamed Democrats for keeping prices high by blocking previous healthcare reform attempts.
-
Price Disparities: Trump claimed that Europeans negotiate low prices from American manufacturers but then charge Americans higher rates due to a lack of competition among buyers. He noted that he can purchase cheaper medication overseas than in the US.
Trump’s Stance on Big Pharma
"We’re going after these big pharma companies like nobody has ever gone after them before," Trump stated during an interview from his Mar-a-Lago resort in Palm Beach, Florida, where he was vacationing over Easter weekend.
Political Implications
Trump also claimed that Democrats are trying to block his plans because they want pharmaceutical companies’ money and do not want people suffering from high drug costs to afford treatment. He emphasized:
- "They don’t care about you; they don’t care about your family; they don’t care about your health. They only care about one thing: getting re-elected so we can get rid of these crooked politicians who are only looking out for themselves."
I’m Mark W. Lamplugh Jr., a visionary Chief Executive Officer, Board Member, and best-selling Author with over 25 years of experience driving significant revenue growth and optimizing ROI across the healthcare, wellness, and media industries. Throughout my career, I’ve consistently transformed underperforming operations into thriving ventures by building top-tier marketing organizations, implementing data-driven strategies, and leading transformational change. My empathetic, collaborative, and adaptable leadership style has allowed me to cultivate inclusive cultures of innovation, develop and retain top talent, and forge strong partnerships that fuel organizational success.
Adept in executive leadership, strategic business planning, and brand and marketing strategy, I have a proven track record of boosting annual revenues—achieving up to $1.3B in oncology over three years and generating $360M in mental health initiatives. My approach combines strategic vision with hands-on execution, as evidenced by my success in launching innovative facilities, expanding services for addiction and mental health care, and enhancing organizational brand visibility. As author of “The AI Marketing Playbook,” I contribute thought leadership on the integration of artificial intelligence in marketing, a role that showcases my commitment to staying at the forefront of industry innovation.
I also bring my insights and expertise to a broad audience as the host of cable tv & global streaming of “Street Level Marketing Show,” while my writing has been featured in major publications such as Entrepreneur, Business.com, The Startup, and Kivo Daily. Whether I’m implementing targeted digital marketing campaigns that engage over a million individuals monthly or overseeing multi-million dollar budgets to maximize return on investment, I approach every challenge with a combination of strategic planning, creative problem-solving, and unwavering dedication. Above all, I am passionate about expanding access to high-quality addiction and mental health care through innovative solutions that drive both patient outcomes and organizational growth.
Mark serves on the board of One World for Life, National Fire Heritage Center, and the Institute for Responder Wellness.
Mark (https://marklamplugh.com) is one of the top marketing executives in the United States and has revolutionized how companies reach potential clients thru influence, SEO, social, PR, and traditional marketing. His expertise in Marketing, Social Media, Digital Marketing, and Public Relations has generated millions of dollars in revenue for several national companies. Mark documents many of his techniques in his book “Beginners Guide to Social & Digital Media.” and “Marketing Playbook for Social Media,” which was named the top 100 social media marketing books of all time by Book Authority. He’s also a professional advocate for the behavioral and mental health of firefighters and other first responders. Marks articles have been published in Better Marketing, Startup Magazine, Social Media Today, Kivo Daily, Biz Catalyst 360, Fire Engineering, Firehouse Magazine, and several others.
One of his companies, niches, are marketing products and services to the public safety industry and their employees, specifically mental & behavioral health services. He can be reached for comment at ceo@influencemediasolutions.com
23,000 #1 Connections, 40,000,000 US B2B Contacts and 300,000,000 B2b/B2C email contacts as well as 1,000,000+ monthly social media reach. https://marklamplugh.com
