Drug Pricing
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Trump administration
White House’s online service for drug sales debuts with limited impact on prices
Select products from Pfizer, Eli Lilly and others will be sold at a discount, although the lower costs won’t be felt by many Americans whose medications are covered by insurance.
By Jonathan Gardner • Feb. 6, 2026 -
Express Scripts reaches ‘landmark’ settlement with FTC in insulin suit
The agreement announced Wednesday includes sweeping changes to the Cigna PBM’s business practices, including no longer preferring expensive drugs over cheaper equivalents on standard formularies and reshoring its controversial rebate aggregator.
By Rebecca Pifer Parduhn • Updated Feb. 4, 2026 -
Explore the Trendline➔
Elizabeth Regan/BioPharma Dive
TrendlineDrug pricing
President Trump’s efforts to install a most-favored nation pricing policy present new risks for an industry already adjusting to Medicare price negotiations.
By BioPharma Dive staff -
Novo shares tumble by double digits on grim sales outlook
In contrast to Lilly’s optimistic forecasts, Novo cited pricing constraints and competitive pressure in predicting up to a 13% decline in 2026 profits.
By Jonathan Gardner • Feb. 4, 2026 -
Trump administration
Drugs for cancer, arthritis and HIV on Medicare’s list for 2028 price cuts
Still, the medications in the latest round of negotiations — which now includes “Part B” drugs given in doctors offices — draw very limited revenue from Medicare, an analyst pointed out.
By Jonathan Gardner • Jan. 28, 2026 -
Express Scripts considering settlement in FTC insulin price lawsuit
The antitrust agency paused its lawsuit against the pharmacy benefit manager while the two discuss a proposed consent agreement.
By Emily Olsen • Jan. 26, 2026 -
Congress eyes tackling healthcare consolidation
“I think there’s common ground here,” one Republican congressman said Wednesday during a House Budget Committee hearing. Squaring up against healthcare monopolies would be a major pivot for the GOP.
By Rebecca Pifer Parduhn • Jan. 23, 2026 -
Trump unveils healthcare affordability plan
The “Great Healthcare Plan” is vague, but would send money directly to ACA enrollees and entrench the pricing deals the administration has cut with more than a dozen drugmakers.
By Rebecca Pifer Parduhn • Jan. 15, 2026 -
Trump administration
AbbVie pledges $100B to US production in drug pricing deal with Trump
As with the many other “most-favored-nation” deals between the White House and large pharmas, the agreement is short on details as well as its potential financial impact.
By Ben Fidler • Jan. 13, 2026 -
Trump administration
Biopharma climbs higher as 9 drugmakers ink ‘pandering’ drug price deals with Trump
Analysts see little effect on the bottom lines of biopharma companies, as they stand to stave off tariff pressure and receive other benefits from the agreements.
By Kristin Jensen • Dec. 22, 2025 -
UK agrees to boost drug prices to dodge US pharma tariffs
A deal announced Monday will see the U.K. temporarily sidestep levies on Britain-originated drugs by loosening rules that restrain prices for new medicines.
By Jonathan Gardner • Dec. 1, 2025 -
CMS sets 2027 Medicare prices for Wegovy, Trelegy and 13 other drugs
The second round of negotiations cuts spending an aggregate 44% over 2024 list prices as the federal government extends restraints over more medicines.
By Jonathan Gardner • Nov. 26, 2025 -
CMS to launch model to lower Medicaid drug spending
Under the model, set to start next year, the CMS will negotiate lower prices for Medicaid programs linked to those paid in select other countries.
By Emily Olsen • Nov. 7, 2025 -
Trump administration
Novo, Lilly cut deal with Trump to lower prices of obesity drugs
The agreement will make Wegovy and Zepbound available to some Medicare enrollees for $245 per month, and starter doses of pill versions, once approved, for $149 monthly.
By Jonathan Gardner • Updated Nov. 7, 2025 -
HRSA approves 340B rebate models to hospitals’ chagrin
Drugs that will be subject to rebates in 340B next year include Bristol Myers Squibb’s Eliquis, Johnson & Johnson’s Stelara and Novo Nordisk’s Novolog.
By Rebecca Pifer Parduhn • Oct. 31, 2025 -
FDA, aiming to lower drug costs, moves to speed approval of biosimilars
The agency will no longer require studies comparing copycat biologics to their branded counterparts, which could help developers bring them to market more quickly and cheaply.
By Jonathan Gardner • Oct. 29, 2025 -
Obesity drugs
Lilly aligns with Walmart in bid to broaden access to discounted Zepbound
The deal, which enables patients to pick up orders placed through Lilly’s online channel at Walmart pharmacies, is the latest move by the company to expand its direct-to-consumer services.
By Jonathan Gardner • Oct. 29, 2025 -
Novo’s main shareholder pushes out more than half of company’s board
The Novo Foundation chair said the current board of the Wegovy maker, which is already dealing with layoffs and a CEO change, was too slow to react to obesity market shifts.
By Jonathan Gardner • Oct. 21, 2025 -
California passes laws targeting PBMs, private equity
Gov. Gavin Newsom signed an array of healthcare bills into law last week that crack down on pharmacy benefit managers and beef up the review process for deals involving private equity firms.
By Susanna Vogel • Oct. 16, 2025 -
Trump administration
Trump, Pfizer drug pricing deal short on details, possible impact
A pact to offer “most favored nation” prices to state Medicaid programs and via direct-to-consumer channels doesn’t affect those on commercial insurance or who won’t pay out of pocket.
By Jonathan Gardner • Sept. 30, 2025 -
Pharma reshoring
Key exemptions could limit impact of Trump’s pharmaceutical tariffs
Carve-outs for generics, European exports and companies onshoring drug production will likely shield most branded drugs from the 100% levies Trump announced Thursday.
By Jonathan Gardner • Sept. 26, 2025 -
Trump administration
Lilly says it will raise drug prices in Europe, responding to Trump threats
As the Trump administration works to implement a “most-favored nation” policy, Lilly said it’s “rebalancing” prices to “align” costs across different countries.
By Jonathan Gardner • Aug. 14, 2025 -
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Sponsored by GoodRxRegulatory uncertainty and access challenges changing go-to-market models, DTC, and DTP
DTC isn’t converting to Rxs at the pharmacy. Learn how access may be key to your brand’s success.
Aug. 11, 2025 -
Drugmakers score policy win in fight against 340B
A new pilot program from HHS will test alterations to the contentious 340B pricing program by swapping traditional upfront drug discounts for rebates.
By Amy Baxter • Aug. 4, 2025 -
Trump administration to pilot 340B rebate model next year
The pilot departs from the current model, which gives hospitals upfront discounts for some drugs. Hospitals say 340B is a lifeline, while drugmakers claim hospitals have abused the program.
By Susanna Vogel • Aug. 1, 2025 -
Trump redoubles threats in attempt to strongarm drugmakers on prices
The White House set a 60-day deadline for drugmakers to agree on “most favored nation” prices for Medicaid as well as for newly launched drugs.
By Jonathan Gardner • July 31, 2025