AbbVie reaches deal with Trump administration on drug prices in exchange for tariff relief

Source Chicago Tribune
Original Load Date Jan. 12, 2026, 8:01 p.m.
Last Updated Jan. 12, 2026, 8:01 p.m.
Original URL https://www.chicagotribune.com/2026/01/12/abbvie-deal-trump-drug-prices/

Article Preview

North Chicago-based AbbVie has become the latest drugmaker to reach a deal with the Trump administration on drug prices in exchange for being exempted from tariffs and future price mandates, the company announced Monday evening. Under the voluntary agreement, AbbVie will offer “low prices” in Medic...