Data: Bureau of Labor Statistics; Chart: Courtenay Brown/Axios America is experiencing its biggest prescription drug price deflation in generations. Why it matters: By one important measure, there is a striking reversal underway for one of health care's most stubbornly expensive necessities amid a major Washington push to lower drug costs. By the numbers: Prescription drug prices fell 0.8% in July and are down 3.1% from a year ago — the steepest annual decline in more than six decades, according to the recent Consumer Price Index . - Prices haven't risen in any month this year, an unusually persistent stretch of flat or falling drug prices. - The downward trend comes as costs for hospital and physician services continue to rise. The…
President Trump’s latest announcement on tariffs on generic pharmaceuticals sends an unmistakable message to the global marketplace: the era of assuming America will forever depend on […] Source
Promising, inexpensive generic drugs may never receive large-scale testing as anti-aging treatments—not because the science is weak, but because the pharmaceutical regulatory system rewards patentable products over affordable public-health solutions. Metformin and rapamycin have shown potential in animal research to influence aging-related biological processes. Yet definitive human trials remain limited. The central obstacle is financial: […] The post Big Pharma Will Never Help the People appeared first on StoneZone .
Promising, inexpensive generic drugs may never receive large-scale testing as anti-aging treatments—not because the science is weak, but because the pharmaceutical regulatory system rewards patentable products over affordable public-health solutions. Metformin and rapamycin have shown potential in animal research to influence aging-related biological processes. Yet definitive human trials remain limited. The central obstacle is financial: rigorous Phase 3 trials can cost hundreds of millions of dollars, while manufacturers have little incentive to fund studies of off-patent drugs that competitors could immediately sell at low prices. That market failure becomes a regulatory failure when government agencies rely primarily on…Open
Doctors are contending with low supplies and unfilled orders of generic chemotherapy infusions that are central to the treatment of a long list of cancers.
A generic version of a breakthrough cystic fibrosis drug, manufactured in Bangladesh for a fraction of the American price, may give some families around the world an unlikely lifeline.
Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz announced that TrumpRx is expanding, adding 160 more drugs to the prescription price-comparison and discount website. Oz said the additions bring the total number of prescriptions available through TrumpRx.com to more than 750. The site allows Americans to compare prices, claim coupons, and search for […] The post TrumpRx Expands More Pharma Savings for Americans appeared first on StoneZone .
Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz announced that TrumpRx is expanding, adding 160 more drugs to the prescription price-comparison and discount website. Oz said the additions bring the total number of prescriptions available through TrumpRx.com to more than 750. The site allows Americans to compare prices, claim coupons, and search for lower-cost medications before they buy—adding price transparency into a system that is notoriously byzantine. Oz said TrumpRx now covers roughly 80 percent of the prescriptions Americans regularly pick up at drug stores. Oz reiterated the economic truth that when consumers can see real prices, they tend to make better decisions and force more cost-effective…Open
President Trump is expanding TrumpRx.gov, adding more than 600 affordable generic drugs to the website and nearly multiplying its offerings sevenfold. Speaking at the White House on Monday, President Trump said the move will help tens of millions of Americans find lower prescription prices. He emphasized that generic drugs often contain the same active ingredients, […] The post PRESIDENT TRUMP EXPANDS TRUMP RX appeared first on StoneZone .
President Trump is expanding TrumpRx.gov, adding more than 600 affordable generic drugs to the website and nearly multiplying its offerings sevenfold. Speaking at the White House on Monday, President Trump said the move will help tens of millions of Americans find lower prescription prices. He emphasized that generic drugs often contain the same active ingredients, same dosage, and same effectiveness as brand-name drugs, but cost only a fraction of the price. President Trump said some generics listed through TrumpRx may even be cheaper than what patients pay out of pocket through insurance. The expanded site will also include a new interactive map allowing Americans to compare prescription prices at local pharmacies. U.S. Chief Design…Open
President Donald Trump announced Monday that the administration is dramatically expanding the number of medications available through TrumpRx.gov, adding more than 600 generic drugs in […] Source
TrumpRx is expanding to about seven times its current size, adding more than 600 generic prescription drugs to the months-old direct-to-consumer government website, the president said Monday.