Trump signs executive order aiming to reduce drug prices


WASHINGTON, May 12 (Xinhua) -- U.S. President Donald Trump on Monday signed an executive order aimed at lowering drug prices, demanding that drug companies offer prices for prescription drugs comparable to those in other developed nations.

"The Order instructs the Administration to communicate price targets to pharmaceutical manufacturers to establish that America, the largest purchaser and funder of prescription drugs in the world, gets the best deal," the order said.

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