President Donald Trump unveiled a new agreement with pharmaceutical company AstraZeneca on October 10, aiming to reduce prescription drug costs in the United States.
Under the deal, AstraZeneca will provide all its prescription medications to Medicaid at "most favored nations" prices, ensuring that U.S. patients pay no more than the lowest prices available globally. Additionally, the company will list its medications on the upcoming TrumpRx platform, offering direct-to-consumer discounts.
AstraZeneca CEO Pascal Soriot joined President Trump at the White House to announce the agreement. As part of the deal, AstraZeneca will also list its medications on the TrumpRx platform, a federal initiative launched in September 2025 to provide Americans with direct access to discounted prescription drugs. The platform is expected to launch in 2026 and aims to bypass traditional intermediaries to offer lower prices directly to consumers.
The AstraZeneca deal is expected to result in significant cost savings for American patients, particularly those covered by Medicaid. The agreement also includes provisions for AstraZeneca to invest $50 billion in U.S. manufacturing and research and development by 2030, including a $4.5 billion investment in a new facility in Virginia. This investment is anticipated to create thousands of jobs and strengthen the U.S. pharmaceutical manufacturing sector.
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U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
Double world champion Max Langenhan delivered a dominant performance to win men’s luge singles gold on Sunday (8 February), breaking the track record four consecutive times as Germany extended its grip on the sport, now winning four of the past five Olympic titles.
U.S. skiing great Lindsey Vonn underwent surgery in an Italian hospital on Sunday after her attempt to win Olympic downhill gold ended in a violent crash just seconds into the race at the Milano Cortina Winter Games.
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U.S. President Donald Trump has criticised American freestyle skier Hunter Hess after the athlete said he felt conflicted about representing the United States at the Winter Olympics in Italy, sparking a public clash that highlights growing political tensions surrounding the Games.
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