White House launches discount drug site TrumpRx offering GLP-1 weight loss and other medications at cheaper rates
President Donald Trump announced the official launch of his TrumpRx online pharmaceutical drug market during a press event in Washington, D.C.
The site, which goes live tonight, is a direct-to-consumer, government-operated market allowing Americans to purchase prescription drugs at discounted prices, according to the president on Thursday evening.
“This is a big deal, this is a very big deal, people are gonna save a lot of money and be healthy,” Trump said.
The president confirmed that all Americans will be able to purchase “dozens” of the “most commonly used prescription drugs” through the portal.
Trump said specifically that popular GLP-1 weight-loss drugs will be included, noting that Ozempic “will come down from $1,000 to $199. “
“Novo Nordisk will be slashing the price, as an example of Ozempic, from more than $1,000 to to $199,” he said.
He also said that the price of Wegovy, another GLP-1, will drop from $1,300 to $199.
The president claimed that the reduced drug prices secured by his administration mark the “largest reduction in prescription drug prices in history by many, many times, and it’s not even close.”
The discounted prices offered on the website represent Trump’s oft-touted “most favored nations” pricing scheme. Drug companies have agreed to sell the American public prescription drugs at the same rate as the nation that is paying the least for the drug, thereby ending what Trump described as the American people “effectively subsidizing the cost of drugs for the entire world.”
He noted that, while prices will come down significantly for Americans, they are likely to increase in other nations.
Dr Mehmet Oz, Trump’s Administrator for the Centers for Medicare and Medicaid Services, spoke during the event and demonstrated how the site works.
The website provides access to the direct-to-consumer purchasing platforms for major pharmaceutical companies and has links to coupons that can be taken to a pharmacy for in-person drug purchases.
During his presentation, he said TrumpRx would protect the “most vulnerable” Americans by providing them access to affordable drugs.
“One in three Americans are turned away from the drugstore,” Oz said. “They can’t afford the drugs. No more. Our most vulnerable are protected.”
