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U.S. Government to Negotiate Drug Prices, Saving $200 Billion

1/28/2026

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Summary

Story summary

The U.S. government will negotiate prices for 15 drugs, including Botox and Trulicity, under the Inflation Reduction Act.
Negotiations are planned for 2026 and aim to save $200 billion in a decade.
New prices take effect January 1, 2028.
Drug companies have opposed the negotiations, saying they hinder investment in new drug development.
U.S. President Donald Trump’s administration continues to engage with pharmaceutical companies to align U.S. prices overseas.

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Story summary

The U.S. government will negotiate prices for 15 drugs, including Botox and Trulicity, under the Inflation Reduction Act.
Negotiations are planned for 2026 and aim to save $200 billion in a decade.
New prices take effect January 1, 2028.
Drug companies have opposed the negotiations, saying they hinder investment in new drug development.
U.S. President Donald Trump’s administration continues to engage with pharmaceutical companies to align U.S. prices overseas.