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Politics, Policy & Law

PhRMA rejects Trump election gambit, triggering most favored nation order

Most favored nation order faces legal, logistic challenges

Most favored nation order faces legal, logistic challenges.

Sep 14, 2020 | 5:40 PM GMT

Seeking to avoid the perception that it was intervening in the U.S. presidential election, PhRMA’s board last week rejected a proposal from the Trump administration to include Medicare Part D gift cards in a drug pricing deal. The rejection torpedoed a deal the industry had negotiated with the White House, triggering President Donald Trump’s decision to issue a “most favored nation” drug pricing executive order.

The PhRMA board had approved a deal that would

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