US Demands Drug Price Cuts, and Israel May Pay the Price

In depth

The US government is forcing sharp price cuts on the drug market in the United States. According to Bizportal, original drug prices in the US are up to four times higher than in other developed countries, according to a review by the Coface group.

Drug companies are demanding higher prices in Europe. The UK has already agreed to a 25% price increase for new drugs, while Germany and France are struggling to keep their healthcare budgets in check. According to Bizportal, tens of billions of dollars in investments are being redirected to the US.

According to Maariv, officials in Israel are warning of a possible impact from the US administration's moves on local prices.