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Teva And Trump Administration Commit To Lowering Select Medicaid Drug Costs

Aug 31, 2026 · 04:07 PM ET· updated 2h ago

Teva Pharmaceuticals, a U.S. affiliate of Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA), today announced a shared commitment with the Trump Administration to lower the cost of select medicines for American

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Why It Matters

Teva, a drug company, is working with the government to make some medicines cheaper for people on Medicaid (help-pay healthcare). This shows the company wants to work with leaders, but it might also mean their profits could be smaller.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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