President Donald Trump reportedly intends to announce on Friday a deal to lower U.S. prescription drug prices with the pharmaceutical company AstraZeneca .

Trump is slated to make an Oval Office announcement late Friday afternoon on the advancement of his “ most favored nation ” effort to lower U.S. pharmaceutical prices in line with those of other developed nations, particularly for low-income patients without insurance or on Medicaid.

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Multiple outlets reported that the United Kingdom-based AstraZeneca committed to lowering U.S. prices for its products as well as investing

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