Trump Administration Concludes 17th Drug Pricing Agreement with Regeneron and Reclassifies Medical Marijuana
Introduction
President Donald Trump announced a drug pricing agreement with Regeneron Pharmaceuticals, completing a series of 17 deals with major pharmaceutical companies. Separately, the administration issued an order reclassifying state-licensed medical marijuana under a less restrictive drug schedule.
Main Body
According to a White House fact sheet, the agreement with Regeneron includes a price reduction for the cholesterol drug Praluent from $537 to $225 for patients using the TrumpRx website. Furthermore, all future Regeneron medicines will follow Most Favored Nation pricing, which means their U.S. costs will match those in other countries. Regeneron also promised to invest $27 billion in drug development in the U.S. and announced FDA approval of Otarmeni, the first gene therapy under a new voucher program. This deal is the 17th and final one in a series that began in July 2025, when President Trump sent letters to 17 major pharmaceutical companies demanding lower prices. By the end of January 2026, 16 other companies, including Pfizer, AstraZeneca, Eli Lilly, and Novo Nordisk, had signed similar agreements. However, the specific terms of each deal remain private, and some may not be finalized yet. Health and Human Services Secretary Robert F. Kennedy Jr. explained President Trump''s method of describing drug price reductions. During a Senate hearing, Kennedy stated that Trump uses a non-standard way to calculate percentage reductions. For example, reducing a drug''s price from $600 to $10 is described by Trump as a ''600 percent reduction.'' Kennedy acknowledged that this calculation does not follow conventional mathematical rules. In a separate policy action, the administration issued an executive order signed by Acting Attorney General Todd Blanche. This order reclassifies state-licensed medical marijuana from Schedule I to Schedule III under the Controlled Substances Act. The change does not legalize marijuana under federal law, but it changes its regulatory status. As a result, licensed medical marijuana operators can now claim a significant tax deduction, and barriers to cannabis research are reduced. This reclassification represents a notable shift in federal drug policy.
Conclusion
The Regeneron agreement ends the administration''s first round of drug pricing talks with major pharmaceutical companies. However, because the terms of the deals are confidential, their full effect remains unclear. The reclassification of medical marijuana is a significant change in federal regulatory policy, although it does not change the drug''s legal status. Both actions show ongoing efforts to address drug pricing and drug policy, but details about how they will be put into practice are still emerging.