The Biden administration released another list of prescriptions drugs that would be subject to price controls. The price controls for the selected drugs will become effective in 2027.
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Weight loss medications Ozempic and Wegovy, in particular, have been scrutinized for their high out-of-pocket costs.
Federal officials are targeting the blockbuster drugs as part of their ongoing initiative to lower drug costs.
The price negotiations for the additional 15 drugs selected will be handled by the incoming Trump administration.
The Biden administration said Medicare will negotiate discounts with drug companies on 15 drugs prescribed to treat cancer, ...