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.
The European Union’s high-stakes strategy to leverage hundreds of billions in frozen Russian capital to prop up Ukraine’s defence has hit a critic...
Rescuers in Sri Lanka are racing against rising floodwaters and treacherous terrain today after a powerful storm system slammed into the island nation...
A simmering diplomatic feud between Washington and Pretoria has erupted into a full-scale crisis, with South African President Cyril Ramaphosa describ...
Making his diplomatic debut in Türkiye, the first American Pope warned a "piecemeal" World War III endangers humanity. Leo XIV met President Recep Ta...
The death toll from devastating floods across Southeast Asia climbed to at least 183 people on Friday (28 November). Authorities in Indonesia, Malaysi...
The European Union’s high-stakes strategy to leverage hundreds of billions in frozen Russian capital to prop up Ukraine’s defence has hit a critical roadblock, with Belgium warning that the move could torpedo fragile diplomatic openings aimed at ending the conflict.
Rescuers in Sri Lanka are racing against rising floodwaters and treacherous terrain today after a powerful storm system slammed into the island nation, killing at least 46 people and displacing tens of thousands in a disaster that threatens to strain the country’s resources.
A simmering diplomatic feud between Washington and Pretoria has erupted into a full-scale crisis, with South African President Cyril Ramaphosa describing U.S. President Donald Trump’s decision to ban South Africa from the 2026 G20 summit as "regrettable" and based on "misinformation."
Making his diplomatic debut in Türkiye, the first American Pope warned a "piecemeal" World War III endangers humanity. Leo XIV met President Recep Tayyip Erdoğan on the 1,700th anniversary of the Nicene Creed on Thursday (27 November), urging an end to global conflicts.
At least 47 people have died and another 21 are reported missing following ten days of heavy rainfall, floods, and landslides across Sri Lanka, local media reported on Thursday (27 November).
Hong Kong fire authorities said they expected to wrap up search and rescue operations on Friday after the city's worst fire in nearly 80 years tore through a massive apartment complex, killing at least 128 people, injuring 79 and leaving around 200 still missing.
A passenger aircraft from Polish carrier LOT veered off a taxiway at Lithuania's Vilnius airport after arriving from Warsaw on Wednesday, halting all traffic, the airport operator said.
Netflix crashed on Wednesday for about an hour in the U.S. as it launched season five of "Stranger Things", with the service becoming inaccessible to many subscribers within minutes of the episodes going live at 8 p.m. local time.
Thousands of Bulgarians took to the streets of Sofia on Wednesday to protest against the government’s draft budget for 2026, the first to be prepared in euros ahead of the country’s planned eurozone entry on 1 January 2026.
The European Union’s high-stakes strategy to leverage hundreds of billions in frozen Russian capital to prop up Ukraine’s defence has hit a critical roadblock, with Belgium warning that the move could torpedo fragile diplomatic openings aimed at ending the conflict.
A simmering diplomatic feud between Washington and Pretoria has erupted into a full-scale crisis, with South African President Cyril Ramaphosa describing U.S. President Donald Trump’s decision to ban South Africa from the 2026 G20 summit as "regrettable" and based on "misinformation."
Making his diplomatic debut in Türkiye, the first American Pope warned a "piecemeal" World War III endangers humanity. Leo XIV met President Recep Tayyip Erdoğan on the 1,700th anniversary of the Nicene Creed on Thursday (27 November), urging an end to global conflicts.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 28th of November, covering the latest developments you need to know.
Washington is set to "permanently pause" work on migration from all "Third World Countries." U.S. President Donald Trump announced the move on Thursday (27 November) after the death of a National Guard member in an attack by an Afghan national near the White House on Wednesday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment