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The executive order directs Trump's administration to take actions against "discriminatory" policies in foreign countries that suppress drug prices.
Roche Holding AG said it would need to reconsider planned US investments if President Donald Trump implements an executive order to cut prescription drug costs.
Full Video/Highlights: Trump Announces Prescription Drug Price Caps, Press Conference On Many Topics
President Trump will hold a press conference Monday morning with Health and Human Services Secretary Robert F. Kennedy Jr. to announce an executive order to cap prescription drug and pharmaceutical prices at the lowest cost offered in any other country.
PhRMA, which gave $1 million to Trump's inaugural fund, warned against parts of Trump's drug pricing executive order.