Senate Republicans voted in the early hours of Thursday morning to reject an amendment offered by Sen. Bernie Sanders that aimed to cut US prescription drug prices in half by mandating that Americans pay no more for medications than people in Canada and other wealthy nations. Just two Republicans, Sens. Josh Hawley of Missouri and Dan Sullivan of Alaska, voted with every present Democrat in…
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US President Donald Trump on Thursday launched a website, branded with his name, in a purported effort to help patients buy prescription drugs at lower prices. But experts, watchdog groups, and Democratic lawmakers said TrumpRx will likely do little for consumers — or for the broader goal of bringing down exorbitant medicine costs — while further enriching Big Pharma and potentially lining…
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“Starting next year, American drug prices will come down fast and furious and will soon be the lowest in the developed world,” President Donald Trump claimed Friday as the White House announced agreements with nine pharmaceutical manufacturers. The administration struck most favored nation (MFN) pricing deals with Amgen, Bristol Myers Squibb, Boehringer Ingelheim, Genentech, Gilead Sciences…
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The U.S. has the highest medical and health care costs in the world — a reality that is driving 1.2 million medical tourists from there to Mexico each year, where up-front costs are lower. Yet for Mexicans whose wages or incomes are many times lower, living in the country with the most expensive medicine in Latin America presents an obstacle to treatment. Mexico faces serious…
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