How soon will drug prices drop? RFK Jr. says timeline depends on big pharma cooperation
Health and Human Services Secretary Robert F. Kennedy Junior President Donald Trump’s executive procedure for drug prices is reacted to Medicare and criticizing the president’s move.
Health and Human Services Secretary Robert F. Kennedy Krs.
“There are a number of escalating steps that we will take if they do not cooperate,” he said. Fox Business’ Varney & Co. Monday
“But we meet with pharmaceutical companies. They admit that this is something that should have been completed for a long time, and they were released in this executive order.
America currently provides 75% of the world’s pharmaceutical income, despite five percent of the world’s population, according to a White House Fact SheetA number
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US Health and Human Services Secretary Robert F. Kennedy Jr. speaks to US President Donald Trump at the White House office, 2025. May 05 in Washington in Washington. (Anna MoneyMaker / Getty Images)
Before leaving for Saudi Arabia on Monday, President Trump cited the value of injection drugs such as Ozempic and Wegovy, two popular drugs that share the general basis that contributes to it.
He offered an anonymous friend’s example that takes Injection style obesity And noticed the mismatch of outstanding expenses between the Armenian and the United Kingdom.
“He said.” I just paid $ 88, and I pay $ 1,300 in New York. What the hell is going on?
“So I [he] Checked and it’s the same box made by the same company in the same factory. It’s the same pill I’m going to New York. And I pay $ 88 in London, and New York, I pay $ 1,300. “
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Weight loss injections have become a key point of concern to drug prescription expenses. (Michael Siluk / UCG / Universal Images Group / Getty Images)
Kennedy also pointed out the sharp ozemplic price while talking to Dandey.
“The price of the Ozempic list is $ 1,300 in our country. It has been $ 88 in London, and democratic and republican politicians have been talking for years. “We must end these discrepancies.” No one had the courage to do it because of the power of a pharmaceutical lobby on the Capital Hill. “
The executive order signed on Monday requires health and human services, which are managed by Kennedy, comment on Medicare’s drug prices’ negotiation program, which Biden’s leadership allowed drug prices to prescription prescription prices.
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FDA Commissioner Dr. Margar discusses President Donald Trump’s program to reduce drug prices for US consumers “Great Money Show”.
Drug prices have been significantly spiced in recent years. On January 2023, January 2023, drug prescription prices increased by more than 15% to $ 590 per medicine according to the average. Health Department and human services. 4,200 prescriptions included in that list, 46% of prices have exceeded the inflation rate.
The Trump’s administration has set a 30-day deadline for cutting the cost of prescription drugs for American patients.
Fox News Digital’s Greg Wehner contributed to this report.
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