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RFK Jr. To Announce New HHS Plan To Cut U.S. Drug Prices Today

The move follows deals with Pfizer and AstraZeneca after a May order targeting 30% to 80% price reductions.

Overview

  • HHS Secretary Robert F. Kennedy Jr. is scheduled to hold a news conference this afternoon to outline the plan.
  • Specific details of the new measures were not released ahead of the briefing.
  • President Trump in May signed an executive order seeking 30% to 80% reductions in prescription and pharmaceutical prices.
  • The administration has reached agreements with Pfizer and AstraZeneca to provide prescription discounts.
  • AstraZeneca has pledged to list top medicines on TrumpRx, a planned government portal for direct purchases from manufacturers.