https://www.live-feeds.com/feed/pharmaceutical-lobby-sues-trump-administration-over-most-favored-nation-pricingContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/pharmaceutical-lobby-sues-trump-administration-over-most-favored-nation-pricinghttps://www.live-feeds.com/feed/pharmaceutical-lobby-sues-trump-administration-over-most-favored-nation-pricing#u116893Mon, 12 Oct 2026 00:14:16 +0000The pharmaceutical industry's top lobby group, PhRMA, has sued to invalidate a Trump administration rule that aims to benchmark US drug prices to lower costs overseas in the Medicare health insurance program. The rule, known as the GLOBE rule or most favored nation pricing system, intends to set hospital drug prices for Medicare patients. The lawsuit argues that the rule is an illegal overreach by the US government.Why it mattersThe Trump administration's efforts to reduce drug prices have been met with resistance from the pharmaceutical industry. The GLOBE rule is part of a larger e