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.
The announcement is scheduled for 7pm ET.
Context: The site will offer discounts on drugs from major drug companies including Pfizer, AstraZeneca, EMD Serono, Eli Lilly and Novo Nordisk.
The site will require patients to pay cash and is likely to mainly benefit patients who don’t use health insurance.
Zoom in: The announcement is part of the Trump administration’s campaign to lower costs for Americans still stung by post-COVID era inflation.
