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

3 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Announced: 23 Apr 2026
Local operations incentive

Recent update from 24 Apr 2026:

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

Recent update from 24 Apr 2026:

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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Announced: 23 Apr 2026
Import tariff

Recent update from 24 Apr 2026:

On 23 April 2026, the United States announced an agreement with Regeneron under which the company agreed to implement most-favoured-nation pricing for its drugs and to make investments in U.S. manu...

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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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