AbbVie Inc. has reached a voluntary agreement with the Trump administration addressing regulatory and pricing challenges facing the pharmaceutical industry. Under the three-year deal, AbbVie will receive exemptions from tariffs and future price mandates in exchange for providing lower prices in Medicaid and expanding affordable direct-to-patient offerings through TrumpRx. Additionally, AbbVie has pledged $100 billion in U.S.-based research and development and capital investments over the next decade. The agreement aims to advance access and affordability for American patients while supporting continued innovation in the U.S. pharmaceutical sector. Further terms of the agreement remain confidential.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AbbVie Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CG61778) on January 12, 2026, and is solely responsible for the information contained therein.
Comments