Countries with universal healthcare systems have stronger bargaining power, which has allowed them to effectively negotiate lower drug prices.

As in negotiations with foreign nations, minor concessions by drug companies are more likely than a true overhaul.

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.