Medicare announces 15 new drugs up for price negotiations: Read the list

The Biden administration released a list of 15 drugs for Medicare price negotiations, including Ozempic and Wegovy, to address public backlash over high drug prices. Negotiations are expected to take place over the coming months, with new prices set to take effect in 2027. The program aims to save billions for Medicare and expand access to affordable drugs, with drugmakers facing tax penalties if they refuse to participate.

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