The Trump administration said that had the new prices been in effect last year, Medicare would have saved $12 billion, which would have reduced its spending on those drugs by 44 percent.

The lower prices stem from the Medicare negotiation program created under the Biden administration's Inflation Reduction Act.

The price cuts will save Medicare billions of dollars in prescription-drug spending.

WASHINGTON — The Trump administration on Tuesday evening unveiled the prices for 15 drugs that were the subject of Medicare ...

Medicare will save approximately $12 billion, or 44%, on 15 high-cost medications as a result of the second round of the program’s drug price negotiations, the Trump administration announced Tuesday ...

Facing increased competition in the weight loss market and intense pressure from President Donald Trump, Novo Nordisk announced Monday that it is lowering prices for its blockbuster obesity and ...

Novo and Lilly just slashed prices on GLP-1 weight-loss drugs that recently cost over $1,000 a month. What happened?

President Donald Trump unveils a drug price discount chart last month in the Oval Office. (Shawn Thew/Pool/EPA/Shutterstock) In a landmark deal announced Thursday ...

As President Donald Trump touts new deals to cut the cost of blockbuster drugs like Wegovy and Zepbound, he’s barely mentioned Medicare’s drug price negotiation program — even though the government is ...

NEW DELHI, Oct 27 (Reuters) - India on Monday advanced an anti-dumping investigation into imports from China and Thailand of Ethambutol Hydrochloride, an active pharmaceutical ingredient used in ...

(NewsNation) — President Donald Trump is expected to make an announcement Thursday regarding the price of weight loss drugs. Lowering prescription drug prices has been a focus of Trump’s. He ...