The post White House launches direct to consumer drug site appeared on BitcoinEthereumNews.com. U.S. President Donald Trump makes an announcement from the Oval The post White House launches direct to consumer drug site appeared on BitcoinEthereumNews.com. U.S. President Donald Trump makes an announcement from the Oval

White House launches direct to consumer drug site

3 min read

U.S. President Donald Trump makes an announcement from the Oval Office at the White House in Washington, D.C., U.S. Nov. 6, 2025.

Jonathan Ernst | Reuters

President Donald Trump on Thursday is slated to announce the launch of TrumpRx – a direct-to-consumer website that is key to his administration’s efforts to lower prescription drug costs in the U.S. 

In a post on X, White House press secretary Karoline Leavitt said Trump and other administration officials will debut the new website at 7 p.m. ET on Thursday. 

She said millions of Americans would save money through TrumpRx, but it’s still unclear if all patients – particularly those with insurance coverage – will see more cost savings from using that site to buy their medicines. TrumpRx targets people who are willing to pay with cash and forgo insurance, which suggests that people without or with limited coverage may benefit the most. 

The site is not expected to sell drugs directly to American patients, but will act as a central hub that points them to drugmakers that are offering discounts on certain products on their own direct-to-consumer sites. For example, Eli Lilly and Novo Nordisk have offered their blockbuster obesity drugs at hefty discounts to cash-paying patients. 

In recent months, both companies and at least 14 other drugmakers have negotiated agreements with the Trump administration to participate on the platform and voluntarily sell certain medicines at a discount to Medicaid patients. Those landmark deals are part of Trump’s broader “most favored nation” policy, which pushes to link U.S. drug prices to the lowest ones abroad.

It is the government’s latest effort to try to rein in U.S. prescription drug prices, which are two to three times higher on average than those in other developed nations – and up to 10 times more than in certain countries, according to the Rand Corp., a public policy think tank.

In an exclusive interview with CNBC last week, Eli Lilly CEO Dave Ricks said the company was the first drugmaker to sell obesity treatments directly to patients, and that TrumpRx is “taking that and expanding it across the industry” to other medicines.

“We’re all for that,” Ricks said.

Questions about savings

Questions remain about how much savings people can expect if they use TrumpRx to buy their medicines.

The announced price reductions for certain drugs are framed as steep cuts from their so-called retail list prices. For example, under Novo Nordisk’s agreement with the administration, its diabetes drug Ozempic will be priced at $350 per month on TrumpRx, which is less than half of its roughly $1,000 monthly list price.

But those list prices are often far higher than what private insurers and government programs ultimately pay for medicines after rebates, discounts and other concessions, according to researchers at Georgetown’s Medicare Policy Initiative. That suggests some payers may already be securing prices comparable to — or lower than — the newly announced discounts on medications under the Trump deals.

The researchers cited one study that found that average discounts on brand-name drugs in Medicare Part D run around 40% of list prices. Meanwhile, discounts in Medicaid exceed 75%, according to a Congressional Budget Office study.

Source: https://www.cnbc.com/2026/02/05/trump-rx-white-house-launches-direct-to-consumer-drug-site.html

Market Opportunity
Union Logo
Union Price(U)
$0.001644
$0.001644$0.001644
+5.18%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Tom Lee’s BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion

Tom Lee’s BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion

The post Tom Lee’s BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion appeared on BitcoinEthereumNews.com. In brief Shares of BitMine Immersion
Share
BitcoinEthereumNews2026/02/06 04:47
Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab

Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab

The post Crypto-Fueled Rekt Drinks Sells 1 Millionth Can Amid MoonPay Collab appeared on BitcoinEthereumNews.com. In brief Rekt Brands sold its 1 millionth can of its Rekt Drinks flavored sparkling water. The Web3 firm collaborated with payments infrastructure company MoonPay on a peach-raspberry flavor called “Moon Crush.” Rekt incentivizes purchasers of its drinks with the REKT token, which hit an all-time high market cap of $583 million in August. Web3 consumer firm Rekt Brands sold its 1 millionth can of its Rekt Drinks sparkling water on Friday, surpassing its first major milestone with the sold-out drop of its “Moon Crush” flavor—a peach raspberry-flavored collaboration with payments infrastructure firm MoonPay.  The sale follows Rekt’s previous sellout collaborations with leading Web3 brands like Solana DeFi protocol Jupiter, Ethereum layer-2 network Abstract, and Coinbase’s layer-2 network, Base. Rekt has already worked with a number of crypto-native brands, but says it has been choosy when cultivating collabs. “We have received a large amount of incoming enquiries from some of crypto’s biggest brands, but it’s super important for us to be selective in order to maintain the premium feel of Rekt,” Rekt Brands co-founder and CEO Ovie Faruq told Decrypt.  (Disclosure: Ovie Faruq’s Canary Labs is an investor in DASTAN, the parent company of Decrypt.) “We look to work with brands who are able to form partnerships that we feel are truly strategic to Rekt’s goal of becoming one of the largest global beverage brands,” he added. In particular, Faruq highlighted MoonPay’s role as a “gateway” between non-crypto and crypto users as a reason the collaboration made “perfect sense.”  “We’re thrilled to bring something to life that is both delicious and deeply connected to the crypto community,” MoonPay President Keith Grossman told Decrypt.  Rekt Brands has been bridging the gap between Web3 and the real world with sales of its sparkling water since November 2024. In its first sale,…
Share
BitcoinEthereumNews2025/09/20 09:24
Dogecoin ETF Set to Go Live Today – A First for U.S. Investors

Dogecoin ETF Set to Go Live Today – A First for U.S. Investors

Beginning September 18, investors are expected to be able to buy exchange-traded funds (ETFs) tied directly to XRP and Dogecoin, […] The post Dogecoin ETF Set to Go Live Today – A First for U.S. Investors appeared first on Coindoo.
Share
Coindoo2025/09/18 14:35