More than half of the drugs listed on the new TrumpRx website have or will soon have a cheaper generic version on the market that can be purchased through other direct-to-consumer sites.
Why it matters: Patients could save more buying nonbrand copycat drugs, even if they don't have insurance and pay cash, drug pricing experts say.
The White House on Thursday launched its TrumpRx discount drug website, offering a new option for people wanting to pay cash for prescription drugs instead of using insurance.
Why it matters: The site is a key part of President Trump's efforts to lower health costs but isn't expected to significantly affect drug prices, since most Americans will likely have access to cheaper medicines through their health plans.
President Trump will announce the launch of the TrumpRx website Thursday night, Trump advisers tell Axios, moving ahead with a plan to offer discounted drug prices through special agreements with drug companies.
Why it matters: The launch will allow people to buy medications directly through the new government portal with discounts the White House has negotiated with the drug manufacturers.
Eli Lilly's expectation-busting financial results on Wednesday underscore how for all the attention anti-obesity drugs have already received, the age of medication-induced weight loss is just getting started.
Why it matters: Lilly's weight loss shots are only the first generation of effective anti-obesity treatments to hit the market, and the race is on to develop even better options.
