Trump is threatening to impose tariffs of up to 200% on imported pharmaceuticals, according to the Associated Press. A new U.S.-EU trade deal imposes a 15% tariff on some European pharmaceuticals, ...

U.S. President Donald Trump announced on Tuesday his plan to use import restrictions as a tool to lower drug prices. He stated that foreign suppliers would be pressured to reduce their prices.

The Inflation Reduction Act (IRA), signed into law on August 16, 2022, allows the federal government to negotiate prices for some high-cost drugs covered under Medicare. Under the law, many small ...

On July 8, US President Donald Trump shook the biopharmaceutical sector by announcing a tariff of up to 200% on pharmaceuticals, which would take effect “very soon.” 80% of prescription drugs sold in ...

Share on Pinterest Medicare has negotiated price cuts ranging from 38% to 79% for 10 common prescription drugs. Maskot/Getty Images Medicare announced negotiated prices for 10 prescription drugs, ...

The Centers for Medicare & Medicaid Services (CMS) released a list of prescription drugs it hopes to include in its new Medicare $2 Drug List Model, the agency announced Wednesday. Designed to limit ...

New analysis makes clear that the Inflation Reduction Act’s inflation rebates should extend to the commercial market. To combat excessive pharmaceutical price hikes, the Inflation Reduction Act ...

CMS released a preliminary list of 101 generic drugs for its Medicare $2 Drug List Model, which aims to cap out-of-pocket costs at $2 per month for select medications. The initial list includes common ...

The model is designed to provide individuals more certainty about the out-of-pocket costs for these generic Part D drugs for common conditions, such as high cholesterol and high blood pressure, CMS ...

The Biden administration said Friday it is targeting 15 drugs in the second-ever round of price negotiations under Medicare, with blockbuster drugs Ozempic and Wegovy topping the list. The list of ...