Trump Pharmaceutical Trade: Lower Prices, No Customs Duties
Here’s a summary of the provided text:
Merck is offering meaningful discounts on fertility drugs in the US, perhaps saving families up to $2,200 per cycle. This comes after negotiations with the Trump administration.
Key points:
* Discounts: Merck is offering an 84% discount when combining three fertility drugs (Gonal-f,Ovidrel,and Cetrotide).
* Cost of IVF: Artificial insemination in the US currently costs between $12,000 and $25,000 per cycle.
* Merck’s US Presence: Merck already has a large presence in the US, employing 14,000 people and generating a quarter of its global revenue from the country.
* Future Investment: The company plans to further expand its US manufacturing of fertility drugs.
* Source: The facts comes from Reuters and the German newspaper Frankfurter Allgemeine Zeitung.