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April 23, 2026
Regeneron strikes drug pricing deal with Trump administration
- Regeneron will reduce U.S. drug prices and offer its new hearing-loss gene therapy for free to eligible patients after FDA approval.
- This deal is part of President Trump's broader strategy to tie U.S. drug prices to those in other countries, exempting companies from tariffs for three years.
- The FDA recently approved Regeneron's Otarmeni therapy, which addresses a rare genetic condition affecting hearing, potentially generating $130 million in peak sales.
2 Sources
- live: Trump gives remarks on health care affordabilityApr 23, 2026 at 6:23 PM · The Hill
- Regeneron inks drug pricing deal with Trump, will offer new hearing-loss therapy for freeApr 23, 2026 at 7:47 PM · CNBC