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 White House says deploying United States ground troops in Iran is not currently part of the military strategy in ...
Israel has warned residents to leave a significant area in southern Lebanon, instructing them to move north of the Li...
A U.S. submarine strike sank an Iranian warship off the coast of Sri Lanka, leaving at least 80 dead, the country&...
The election of Iran’s next supreme leader could provide an opportunity to end the ongoing regional war involving Israel, the U.S. and ...
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key I...
The White House says deploying United States ground troops in Iran is not currently part of the military strategy in the ongoing conflict with Tehran.
Israel has warned residents to leave a significant area in southern Lebanon, instructing them to move north of the Litani River as hostilities with the Iran-backed Lebanese group Hezbollah intensified on Wednesday.
A U.S. submarine strike sank an Iranian warship off the coast of Sri Lanka, leaving at least 80 dead, the country’s deputy foreign minister said. Meanwhile, Iran postponed the funeral of its late Supreme Leader Ali Khamenei, according to state media.
The election of Iran’s next supreme leader could provide an opportunity to end the ongoing regional war involving Israel, the U.S. and Iran, Türkiye’s Foreign Minister Hakan Fidan has said.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
Shahid Motahari Sub-Speciality Hospital in northern Tehran and parts of the Golestan Palace were bombed on day two of the U.S.‑Israel strikes. AnewZ Touraj Shiralilou is in Iran's capital city and said that the facility was flattened in an airstrike.
The White House says deploying United States ground troops in Iran is not currently part of the military strategy in the ongoing conflict with Tehran.
Israel has warned residents to leave a significant area in southern Lebanon, instructing them to move north of the Litani River as hostilities with the Iran-backed Lebanese group Hezbollah intensified on Wednesday.
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key Iranian naval target was destroyed, confirming that the strike was carried out by a U.S. submarine off the coast of Sri Lanka. Rescue efforts are now under way for the ship’s crew.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 4th of February, covering the latest developments you need to know.
Strikes across the Middle East are intensifying, fuelling travel disruption, driving up global energy prices and forcing diplomatic missions to shut their doors.
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