President Trump will announce the launch of the TrumpRx website Thursday night, an adviser told Axios, moving ahead with a plan to offer discounted drug prices through special agreements with drug companies, Axios’ Marc Caputo reports. 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 author notes. The announcement is scheduled for 7pm ET. The site will offer discounts on drugs from major drug companies including Pfizer (PFE), AstraZeneca (AZN), EMD Serono (MRK), Eli Lilly (LLY) and Novo Nordisk (NVO), according to the publication.
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