Monday, November 10, 2025
16.1 C
New Delhi

What is TrumpRx? Donald Trump announces new website to offer discounted drug prices; savings expected to reach 50%

What is TrumpRx? Donald Trump announces new website to offer discounted drug prices; savings expected to reach 50%

AP file photo

US president Donald Trump on Tuesday announced the launch of a new federal website, TrumpRx.gov, as part of a deal with Pfizer to offer prescription drugs directly to consumers at discounted prices. The initiative, aimed at cutting healthcare costs, is expected to grow with more deals from other drugmakers in the coming months.The new website is part of a broader push to align US drug prices with those in other developed nations, a strategy known as “most-favored-nation” pricing. Under the deal, Pfizer agreed to offer the same prices for new drugs in both the US and other advanced markets.“The United States is done subsidizing the health care of the rest of the world,” Trump said in a press conference. “They put all of that on us, and yet they were the beneficiaries too. So it’s been changed.”A senior administration official said Tuesday that the TrumpRx site, set to launch in early 2026, will not directly sell or distribute medications. Instead, consumers will be able to search for their prescriptions and be redirected to drugmakers’ direct-to-consumer platforms, as cited by CNN.Pfizer said most of its primary care drugs will be offered through TrumpRx, though it did not specify which ones. The company also announced plans to invest an additional $70 billion (£52 billion) in US manufacturing, research, and development.”We now have the certainty and stability we need on two critical fronts, tariffs and pricing,” Pfizer’s chief executive, Albert Bourla, said, as reported by the BBC. According to a company press release, direct-to-consumer prices for Pfizer drugs on TrumpRx.gov will average 50 percent lower. However, key details on how those discounts were determined were not provided. “Specific terms of the agreement remain confidential,” the release stateThe administration on Tuesday clarified that “Most Favored Nation” pricing is based on a drug’s net price, including discounts and rebates, compared with the lowest price in other wealthy countries such as Canada, France, Germany, Italy, Japan, the UK, Switzerland, and Denmark. This lowest international price then serves as the benchmark for US pricing.Pfizer, the first drugmaker to fully meet the demands outlined in Trump’s July letter to industry CEOs, plans to offer Medicaid “Most Favored Nation” pricing starting in early 2026, with the president indicating other companies may follow.Trump has often highlighted that Americans pay significantly more for prescription drugs than people in other developed nations, especially in Europe, where governments frequently set prices. A Health and Human Services report last year found US drug prices to be nearly three times higher than in comparable countries. During his first term, Trump unsuccessfully pushed for a “Most Favored Nation” pricing policy to address the gap.

Go to Source

Hot this week

Amit Shah confirms blast occurred in Hyundai i20 near Red Fort, says all angles being probed

Union Home Minister Amit Shah on Monday confirmed that the explosion near Delhi’s Red Fort took place in a Hyundai i20 car and said that all possible angles are being investigated Go to Source Read More

Kash Patel ‘unpredictable, unreliable’, broke promise to MI5 head, attended meeting in sweatshirt

An NYT report claimed Kash Patel made a damaging impression to the intelligence agencies across the world after he broke his promise to MI5 chief. Read More

10 Vegetarian Winter Foods That Are Not Boring

Winter is the perfect time to indulge in warm, comforting meals — and who says vegetarian food has to be dull? Read More

Punjab observes November as Martyrdom Remembrance Month to mark Guru Tegh Bahadur’s 350th anniversary; hosts kirtans, seva camps

Punjab chief minister Bhagwant Mann (Photo credit: PTI) CHANDIGARH: The Punjab government has declared November 2025 as “Martyrdom Remembrance Month” to mark the 350th anniversary of the martyrdom of Sri Guru Tegh Bahadur Sahib Ji, Read More

Delhi car blast: The blast, panic and reaction – how the events unfolded

Firetenders and Delhi police personnel at the spot after an explosion in a car near the Red Fort. (Pic credit: ANI) NEW DELHI: Eight people died on Monday evening in a blast that occurred near Gate 1 of Red Fort Metro Station. Read More

Topics

Amit Shah confirms blast occurred in Hyundai i20 near Red Fort, says all angles being probed

Union Home Minister Amit Shah on Monday confirmed that the explosion near Delhi’s Red Fort took place in a Hyundai i20 car and said that all possible angles are being investigated Go to Source Read More

Kash Patel ‘unpredictable, unreliable’, broke promise to MI5 head, attended meeting in sweatshirt

An NYT report claimed Kash Patel made a damaging impression to the intelligence agencies across the world after he broke his promise to MI5 chief. Read More

10 Vegetarian Winter Foods That Are Not Boring

Winter is the perfect time to indulge in warm, comforting meals — and who says vegetarian food has to be dull? Read More

Punjab observes November as Martyrdom Remembrance Month to mark Guru Tegh Bahadur’s 350th anniversary; hosts kirtans, seva camps

Punjab chief minister Bhagwant Mann (Photo credit: PTI) CHANDIGARH: The Punjab government has declared November 2025 as “Martyrdom Remembrance Month” to mark the 350th anniversary of the martyrdom of Sri Guru Tegh Bahadur Sahib Ji, Read More

Delhi car blast: The blast, panic and reaction – how the events unfolded

Firetenders and Delhi police personnel at the spot after an explosion in a car near the Red Fort. (Pic credit: ANI) NEW DELHI: Eight people died on Monday evening in a blast that occurred near Gate 1 of Red Fort Metro Station. Read More

Trump to swear in Sergio Gor as ambassador to India amid wrecked ties with New Delhi

US President Donald Trump (Photo credit: ANI) The TOI correspondent from Washington: US president Donald Trump will be swearing in ambassador-designate to New Delhi Sergio Gor in the Oval Office on Monday amid growing disquiet among Read More

Schools in the UAE to count some absences as double from November 10–19: What parents must know

UAE schools to double-count absences / AI-generated image Some UAE schools, following guidelines shared by the Ministry of Education, will count absences as two days instead of one between November 10 and 19. Read More

‘Love won again’: US Supreme Court rejects appeal seeking to overturn same-sex marriage rights

The US Supreme Court has refused to take up a high-profile case seeking to overturn the nationwide right to same-sex marriage, leaving the landmark 2015 ruling in place. Read More

Related Articles