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,

Under the Medicare Drug Price Negotiation Program, the HHS secretary negotiates directly with manufacturers on the prices Medicare will pay for pharmaceuticals.

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.

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.