Trump, Executive Order and prescription drug prices
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President Donald Trump in an interview with FOX News host Sean Hannity called out the European Union for "screwing" the United States on drug prices. HANNITY: They spend billions of dollars. And put aside whether or not people demonize big pharma,
The president announced an executive order aimed at lowering U.S. drug costs, revisiting an idea that was blocked in court during his first term.
The new pricing policy seeks to reduce the cost the government pays for medications to those comparable to what other countries pay.
Although the immediate market response was negative, most pharmaceutical stocks recovered after Wall Street analysts emphasized the considerable legal obstacles the
As in negotiations with foreign nations, minor concessions by drug companies are more likely than a true overhaul.
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.
SaveHealth says that, from Medicare recipients to the uninsured, no one escapes the ripple effect of rising pharmaceutical costs.
CVS Caremark decided to stop offering Zepbound in favor of Wegovy for weight loss. It’s the latest example of limits imposed by insurance that disrupt treatments for patients.