
Eli Lilly And Company (NYSE:LLY) shares are trading higher Wednesday after President Donald Trump recently announced a deal with Pfizer as well as the ‘TrumpRx’ site to decrease prices.
What To Know: Pfizer agreed to provide medicines on the TrumpRx platform at steep discounts and extend "most favored nation" pricing to Medicaid. In exchange, the company secured a three-year reprieve from pharmaceutical import tariffs.