Global Trade Alert
Global Trade Alert

United States of America: Agreement with Regeneron on Most-Favoured-Nation drug pricing and tariff exemption

Announcement

23 Apr 2026

In April 2026, the United States government announced an agreement with Regeneron to implement most-favoured-nation drug pricing for American patients.

Source

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Number of interventions

3

0 certainly harmful

2 likely harmful

1 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 23 Apr 2026
Local operations incentive

On 23 April 2026, the United States announced an agreement with Regeneron. According to Regeneron's press release, under the agreement, Regeneron will be free from Section 232 tariffs on its import...

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Announced: 23 Apr 2026
Tax or social insurance relief

On 23 April 2026, the United States announced reaching an agreement with Regeneron. According to Regeneron's press release, the company will be free from Section 232 tariffs on its imported product...

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Implementation date

No implementation date

Revocation date:

No revocation date

Clarification: 30 Oct 2026
Import tariff

Recent update from 30 Oct 2026:

On 30 October 2026, Regeneron Pharmaceuticals stated in its quarterly report for the period ended 30 September 2026 that it holds “exemptions from the Section 232 tariffs through January 2029, subj...

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Threads

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United States: Drug Pricing Agreements

This Thread tracks the U.S. Administration’s agreements with pharmaceutical companies. It is based on the Executive Order titled “Delivering Most-Favored-Nation (MFN) Prescription Drug Pricing to American Patients.” These agreements include tariff relief measures for pharmaceutical companies in return for their commitments to implement most-favored-nation pricing for their drugs and to invest i...

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