Report cover image

Critical Assessment of Trump Administration’s Renewed Efforts to Introduce IRP in the US via the MFN Executive Order

Publisher GlobalData
Published Jun 30, 2025
Length 13 Pages
SKU # GBDT20830667

Description

Critical Assessment of Trump Administration’s Renewed Efforts to Introduce IRP in the US via the MFN Executive Order

Summary

In May 2025, US President Donald Trump issued an executive order (EO) stating that pharmaceutical companies should provide Most Favored Nation (MFN) prices to American consumers or face steep penalties. The EO calls for the introduction of International Reference Pricing (IRP) in the US. Based on extensive knowledge of IRP and detailed IRP 360 profiles for 75 markets, in this report GlobalData examines the implications of IRP use by the US for pharmaceutical companies, for payers, and for patient access to medicines in the US itself and in other countries.

Table of Contents

13 Pages
    • Trump Administration Announces Plans to Introduce IRP through MFN EO
    • Subsequent HHS Action Reveals Limited Additional Details About Proposed IRP System
    • Current IRP Plan Is Much Riskier for Pharma than the Two IRP Proposals from Trump's First Term
    • MFN Order Assessed in Light of International IRP Practices and Best Practice Guidelines for Use of IRP
    • Adverse Effects of US Use of IRP for Payers and Patients
    • Adverse Effects of US Use of IRP for the Pharma Industry
    • What Else Can the Pharma Industry Do to Reduce Negative Impact of US IRP Introduction?
    • Outlook and Implications

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us