00:00...or biomedical research globally.
00:02And then the last thing he asked us to do was to make sure all the companies began reshoring their
00:09production.
00:09And these companies today have agreed to $19.6 billion of construction to reshore their production in this country.
00:20Altogether, we've got $668 billion of agreements from other companies to reshore production.
00:28So it was an extraordinary achievement.
00:30Chris Klump, Dr. Oz, Heidi Overton, Theo Merkel, and, of course, Howard Lodnick all made this happen.
00:39It is an extraordinary achievement.
00:42And I want to thank the CEOs here today for their vision, for their commitment to something other than short
00:50-term profits,
00:51but a long-term commitment to our country, to patriotic values, and to human health.
00:56If I can add one thing from the front lines, Trump Rx, what you asked about, is incredibly popular with
01:02pharmacists.
01:02And the most common thing that they're saying is it's good for them, for their business.
01:06And when they see the patients and they come back, for example, on GLP-1 medications,
01:09the usual thing they say is, you look wonderful, because they've lost a lot of weight,
01:13and they feel healthy, and they're driving bad because they couldn't have afforded.
01:16Because of that, as an update, Medicare, two months ago, offered at $50 a month.
01:22Anyone listening right now, pay attention to this.
01:24$50 a month, if you're eligible, to be able to get access to these GLP-1 medications
01:29that the President highlighted earlier were $1,200 or more.
01:32The so-called fat shot, as you have called it, sir.
01:34Could never have gotten those prices.
01:36It would be close to that.
01:37Now we have 600,000 seniors already, just in two months, have signed up to get these medications.
01:43And we project we'll actually be able to save money for the taxpayer, because the savings aren't only in dollars.
01:48They're in saved lives, less hospitalization, less complications from high blood pressure, diabetes,
01:53and all the ravages of obesity, because we've got prices where they need to be.
01:57And we can go on and on, but most favored nation pricing is on trumprx.gov.
02:01We're going to do a separate event just around that topic.
02:03But it is an incredibly big success story, what has been achieved with that website.
02:08Thank you.
02:09I want to just also thank John Brooks, who works closely with Chris.
02:11He runs all of Medicare, Inma Hernandez, and Urizu with Desai.
02:14They run the drug negotiations section.
02:17To echo what the Secretary said, they would never have joined an administration normally.
02:21These are the top-tier people in the country in these areas.
02:24And I think all the CEOs may comment on this.
02:26They went head-to-head with these very brave leaders who want to take a risk.
02:30But they also went head-to-head because they were equals on parity and could negotiate these deals.
02:34Howard?
02:34So the Commerce Department is involved because we want these companies to reshore, right?
02:41Because reshoring produces national security, right?
02:45We need our drugs made in America, and then that brings jobs and investment in America.
02:52So just this group, $19.6 billion today, just today, taking us to $638 billion of all the deals that
03:01the president has made.
03:02$638 billion in just pharmaceuticals coming.
03:07So not only do you have the jobs, but you have the driving down the cost of drugs in America,
03:14right?
03:14We all talk about affordability.
03:16Drug costs are the number one cost, right?
03:21And you've got to take care of your family.
03:22And the president is driving down this cost.
03:25So driving down costs today from all these companies, you now have 90% of the drugs covered.
03:30You've got building, building, and jobs.
03:33And you're also protecting national security.
03:35That's three of the most important things in America all today.
03:40And it's all thanks to you because nobody thought that this was possible.
03:44When you first brought this up, Bobby and I were talking with us saying, oh, my God, this will never
03:49happen.
03:49And now you've covered 90% of America with your power of energy and your way of thinking innovatively
03:56and understanding where this country needs to go.
03:59So thank you, Mr. President.
04:00You've done it.
04:01Thank you.