Photo: Nicholas Kamm/AFP/Getty Images

Trump said Wednesday, while signing the Right to Try Act, that major drug companies are going to announce drug price decreases in two weeks.

Yes, but: Health and Human Services secretary Alex Azar has also been calling on the industry to self-regulate, but it’s not clear what Trump was referring to, or where any new savings would come, adds Axios' Sam Baker.

Between the lines: This announcement comes absent regulatory changes that could hold the pharmaceutical companies accountable.

Context: Republicans on Capitol Hill have been quiet about the president’s plan to reduce drug prices, and are wary of making an enemy of the pharmaceutical industry. Making waves on health care before the midterm elections could be a risky move, per Politico.

Go deeper: Who really pays for prescription drugs.

Go deeper

Updated 17 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 4:30 p.m. ET: 20,724,799 — Total deaths: 751,399— Total recoveries: 12,873,188Map.
  2. U.S.: Total confirmed cases as of 4:30 p.m. ET: 5,234,800 — Total deaths: 166,750 — Total recoveries: 1,755,225 — Total tests: 63,731,305Map.
  3. Politics: House Democrats to investigate scientist leading "Operation Warp Speed" vaccine projectMcConnell announces Senate will not hold votes until Sept. 8 unless stimulus deal is reached.
  4. 2020: Biden calls for 3-month national mask mandateBiden and Harris to receive coronavirus briefings 4 times a week.
  5. States: Georgia Gov. Brian Kemp to drop lawsuit over Atlanta's mask mandate.
  6. Business: Why the CARES Act makes 2020 the best year for companies to lose money.
  7. Public health: Cases are falling, but don't get too comfortable.

Axios-SurveyMonkey poll: Harris boosting Biden ticket with key voters

Data: SurveyMonkey poll of 2,847 U.S. adults conducted Aug. 11–12, 2020 with ±3% margin of error; Chart: Naema Ahmed/Axios

Kamala Harris is accomplishing what Joe Biden's campaign hoped she would in her first two days as his running mate — doing no harm, while exciting parts of the base with whom Biden needs the most help.

The big picture: Black women especially, but also Black men, Hispanics and Democrats and independents across the board say they are more likely to vote for Biden with Harris on the ticket, according to a new Axios-SurveyMonkey poll.

49 mins ago - Technology

Epic sues Apple over developer tax as Fortnite is pulled from App Store

Illustration: Sarah Grillo/Axios

Fortnite maker Epic Games on Thursday escalated its battle over Apple's App Store tactics, suing the tech giant over antitrust claims while also baiting Apple into dropping Fortnite from the App Store.

The big picture: Epic is just one of several developers clashing with Apple. They argue the company harms competition by taking a cut of up to 30% on in-app purchases and subscriptions and blocking most developers from getting around the tax by charging their users directly.