REG - GSK PLC - GSK to lower drug prices and expand access in US

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RNS Number : 3738M  GSK PLC  22 December 2025

Issued: 19 December 2025, London UK

 

GSK enters agreement with U.S. government to lower drug prices and expand
access to respiratory medicines for millions of Americans

 

·   Voluntary agreement delivers on all four of President Trump's requests
and reduces the cost of medicines for Americans

·   Includes products used to treat the more than 40 million patients in
the U.S. who suffer from respiratory conditions such as asthma and COPD

·   Builds on GSK's decades-long commitment to make products accessible
worldwide to those who need them

 

GSK plc (LSE/NYSE: GSK) announced that it has entered into an agreement with
the U.S. Administration to lower the cost of prescription medicines for
American patients, including GSK's broad respiratory portfolio which is used
to treat the more than 40 million Americans who suffer from respiratory
conditions such as asthma and COPD.

 

The agreement delivers on all four actions requested by President Trump in his
July 31st letter. As part of the agreement, GSK will lower the price of
certain medicines in Medicaid and will launch new products with a more
balanced pricing approach which recognises the value of innovation across
developed nations.

 

Building on GSK's ongoing global commitment to responsible pricing, the
Company will also make most of its inhaled respiratory portfolio and other
products available to patients on a direct purchasing platform that will offer
savings of up to 66%.

 

As part of the President's Strategic Active Pharmaceutical Ingredients Reserve
(SAPIR), GSK will further support the resilience of the U.S. supply chain for
critical medicines by securing for the U.S. a reserve of albuterol (also known
as salbutamol), the active ingredient used in many inhalers to relieve the
symptoms of asthma and COPD.

 

The agreements entered into cover both GSK and ViiV Healthcare. The agreements
provide clarity to both companies on the future US pricing framework, and
exclude GSK and ViiV from s232 tariffs for 3 years. The detailed terms of the
agreements remain confidential.

 

GSK CEO Emma Walmsley said: "Today's announcement builds on GSK's strong track
record of increasing

access and improving the affordability of its medicines worldwide, including
an ongoing commitment to responsible pricing. GSK has been at the forefront of
respiratory innovation for decades - helping millions of Americans prevent and
treat chronic respiratory diseases such as asthma and COPD. Through this
agreement, GSK will ensure patients have access to the current portfolio of
respiratory medicines while bringing the next wave of innovation to American
patients."

 

In September 2025, GSK announced plans to invest more than $30bn in R&D
and manufacturing in the

U.S. over the next 5 years. This includes $2bn of new investment commitments
in manufacturing facilities, AI and advanced digital technologies announced in
the past 12 months, creating hundreds of highly skilled

U.S. jobs.

 

These investments build on GSK's strong innovation and manufacturing
footprint, capabilities and approximately 15,000 strong U.S. workforce today,
developing and making products in the United States for the United States.

 

About GSK

GSK is a global biopharma company with a purpose to unite science, technology,
and talent to get ahead of disease together. Find out more at www.gsk.com
(https://www.gsk.com) .

 

 GSK enquiries
 Media:               Tim Foley          +44 (0) 20 8047 5502  (London)
                      Dan Smith          +44 (0) 20 8047 5502  (London)
                      Kathleen Quinn     +1 202 603 5003       (Washington DC)
                      Lyndsay Meyer      +1 202 302 4595       (Washington DC)

 Investor Relations:  Constantin Fest    +44 (0) 7831 826525   (London)
                      James Dodwell      +44 (0) 20 8047 2406  (London)
                      Mick Readey        +44 (0) 7990 339653   (London)
                      Steph Mountifield  +44 (0) 7796 707505   (London)
                      Sam Piper          +44 (0) 7824 525779   (London)
                      Jeff McLaughlin    +1 215 751 7002       (Philadelphia)
                      Frannie DeFranco   +1 215 751 3126       (Philadelphia)

 

Cautionary statement regarding forward-looking statements

GSK cautions investors that any forward-looking statements or projections made
by GSK, including those made in this announcement, are subject to risks and
uncertainties that may cause actual results to differ materially from those
projected. Such factors include, but are not limited to, those described in
the "Risk Factors" section in GSK's Annual Report on Form 20-F for 2024, and
GSK's Q3 Results for 2025.

 

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Registered Office:

79 New Oxford Street

London

WC1A 1DG

 

 

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