Pfizer's deal with Trump was a relief to the pharma industry, signaling that drugmakers could strike similar agreements that would make them immune to tariffs.

The White House is also planning a direct-to-consumer website called TrumpRx for Americans to buy medication.

US consumers not expected to start seeing lower prices under the Pfizer deal until 2026.

Pfizer's deal with Trump was a relief to the pharma industry, signaling that drugmakers could strike similar agreements that would make them immune to tariffs.

President Trump and top health officials announced a deal with Pfizer to try to lower Medicaid prices, and a website to help consumers buy drugs directly from manufacturers.

Drugmakers rally after Pfizer agreement as Most Favored Nation plans still loom over sector.

While the tariff announcement on patented drugs sent Indian pharma stocks tumbling, a tentative digital trade deal could show a path forward.