Remember Those Lower Drug Prices?

Our Clueless Leader had promised to lower drug prices by 1500% (unrealistic at best)….well I have not seen any lower prices on the meds I must take….how about you?

Actually a study has shown that over 600 different drugs have gone up in price…..while we wait for the promise to be fulfilled….

As President Donald Trump’s deadline for large drugmakers to make “binding commitments” to cut prices expired on Monday, Sen. Bernie Sanders released a report showing that the cost of hundreds of prescriptions has risen in the United States since the Republican returned to office in January.

In response to the president’s May executive order and July letters giving drugmakers 60 days to act, Sanders (I-Vt.), ranking member of the Senate Health, Education, Labor, and Pensions Committee, “directed his staff to examine prescription drug prices,” explains the report, The Art of the Bad Deal: Trump’s Failure to Lower Prescription Drug Prices.

The committee staffers documented price increases for 688 medications—310 brand-name drugs and 378 generic ones—during Trump’s second term, with a median increase of 5.5% and 25 treatments more than doubling in cost.

“Of the 17 companies that received a letter from President Trump on July 31, 2025, 15 raised the price of at least one product since Trump took office,” the report notes. “Since Trump sent letters asking drug companies to lower prices, the prices of 87 drugs have increased.”

Overall, the highest hike was 1,555% (there is that 1500% promised). Eton Pharmaceuticals increased the price of Galzin, which is used to treat a rare genetic liver disorder called Wilson’s disease, from $5,400 to $88,800 per year in the United States—even though it only costs $1,400 in the United Kingdom and $2,800 in Germany.

The report highlights some other examples, such as Novartis’ cancer drug Kymriah, which increased by $25,600, or 4.5%, to $594,000 annually. In the UK, it costs $381,000 a year, and in Germany it’s $282,000. The report also notes the company’s executive compensation last year: $83.3 million.

Vertex jacked up the price of Trikafta, used to treat cystic fibrosis, by 7%, or $23,900, to $365,000 a year, according to the report. Just north of the US, in Canada, it’s only $146,000. The company’s executive compensation for 2024 was $12.7 million.

https://www.commondreams.org/news/drug-prices-trump

Looks like once again we have been had…..an all too common result when Donny’s promises are not upheld.

But wait!

Donny and that mental midget in charge of HHS have a new plan to lower prices….

The White House is rolling out two new initiatives aimed at lowering drug prices, though many details remained in flux.

  • President Trump said Tuesday that his administration had struck a deal with Pfizer to sell its drugs to Medicaid patients at lower prices, reports the AP. He also suggested deals with other drugmakers would follow.
  • He also announced a new TrumpRx website at which people could directly buy medications at prices negotiated by the government, per the Washington Post. It was not clear when the website would be up and running. Drugs from Pfizer will be sold there.
  • The impact on everyday Americans was not immediately clear because direct-to-consumer sales are generally for people paying out of pocket rather than through insurance, explains CNBC. Because most people use insurance, such sales “are not going to help the average person at all with achieving lower costs,” says Vanderbilt professor Stacie Dusetzina.
  • The initiatives follow a Trump executive order in May that pressed pharmaceutical companies to lower prices through voluntary agreements. The deadline for those agreements expired Monday. Because of its deal, Pfizer gets a three-year grace period to avoid tariffs on drugs made overseas.
  • “The American consumers have been subsidizing research and development costs for the entire planet,” Trump said in the Oval Office, per the Wall Street Journal. “It’s being changed as of today.”

Before I give an ‘attaboy’ I want to see the rest of the story…..details are in flux does not sound good to me.

The sad part is the people that are hurt the worse are still rabid supporters of a liar and a bigot…..what does that say about the mentality of some Americans?

Keep believing and keep looking for the poor house.

I Read, I Write, You Know

“lego ergo scribo”

4 thoughts on “Remember Those Lower Drug Prices?

  1. Our Clueless Leader had promised to lower drug prices by 1500% (unrealistic at best)–anyone with half a brain should know better than this.

  2. The increase in US drug prices is beginning to affect the NHS in Britain. Some drugs supplied by American owned companies have gone up by close to 100%. What happens in America affects the whole world.
    Best wishes, Pete.

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