Recent US efforts to introduce Most Favored Nation (MFN) drug pricing are creating new layers of uncertainty for transactions involving the commercialization of prescription medicines in the US. These policies – designed to align US drug prices with the lowest prices available in comparable countries – have the potential to reshape deal economics, launch strategies, and global pricing structures. This article outlines the current MFN policy landscape and explores how these developments may affect both global and regional transactions.

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Nadine Charrière is an associate in the Intellectual Property and Technology Practice Group at our Zurich office.

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Shelly Kuo is an associate in Baker McKenzie's New York office and a member of the Transactional Practice Group.

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Oren Livne is a partner in the Transactions Practice Group and the Life Sciences Industry Group.

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Julia Schieber is a partner in Baker McKenzie's Zurich office where she specialises in IP transactional matters with a particular focus on the healthcare industry.

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Lois is a member of the Firm's Litigation & Government Enforcement Practice Group in the FDA sub-group, based in Washington, DC.