Oz Signals Lower Drug Price Legislation Would Favor Pharma (1)

Feb. 17, 2026, 9:55 PM UTCUpdated: Feb. 17, 2026, 11:33 PM UTC

Centers for Medicare & Medicaid Services Administrator Mehmet Oz said Tuesday that potential legislation to codify the Trump administration’s plan to link US drug prices to lower prices in other countries would need to take into account the needs of the pharmaceutical industry.

“I think we’ve established a deep passion to preserve innovation,” Oz said at an annual forum hosted by the Pharmaceutical Research and Manufacturers of America, as he discussed the Trump administration’s most-favored-nation proposal. “If it’s not done right, a future administration will take more drastic, draconian steps in ways that would hurt this industry.”

Oz also said ...

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