Wednesday, June 17, 2026
  • Login
CEO North America
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel
No Result
View All Result
CEO North America
No Result
View All Result

CEO NA Magazine > News > Trump announces deals with Eli Lilly and Novo Nordisk to lower weight loss drug prices

Trump announces deals with Eli Lilly and Novo Nordisk to lower weight loss drug prices

in News
Eli Lilly exceeds expectations, raises guidance as Mounjaro sales surge
Share on LinkedinShare on WhatsApp

President Donald Trump announced that agreements have been reached with Eli Lilly and Novo Nordisk to reduce the prices of certain obesity medications in a historic step towards making treatments more affordable.

A joint statement from the two companies announced that, in 2026, the agreements will reduce the prices of GLP-1 drugs for Medicare and Medicaid beneficiaries and will also provide these treatments directly to consumers at a discount through a website called TrumpRx.gov, which the Trump administration plans to launch in January.

According to a senior spokesperson for the Trump Administration, starting doses of upcoming obesity pills from Eli Lilly and Novo Nordisk, pending approvals, will be $149 per month for everyone through Medicare, Medicaid or TrumpRx.

Novo Nordisk’s oral form of its obesity injection Wegovy could hit the market by year-end, while Eli Lilly’s pill orforglipron might launch next year.

Initial doses of existing injections such as Novo’s Wegovy and Lilly’s Zepbound will cost $350 per month on TrumpRX. However, according to another senior administration official, these prices will gradually decrease to $245 per month over a two-year period.

David A. Ricks, Lilly chair and CEO told investors, “Today marks a pivotal moment in U.S. health care policy and a defining milestone for Lilly, made possible through collaboration with the Trump Administration. As we expand access to obesity treatments for more Americans and advance one of the most innovative obesity pipelines, we remain focused on improving outcomes, strengthening the U.S. healthcare system, and contributing to the health of our nation for generations to come.”

“This agreement adds to our established commitment to affordability – from being the first company to cap insulin prices at $35
 to launching LillyDirect, the end-to-end digital healthcare experience.”

“The U.S. health care system has evolved in a way that’s unfair to American patients and taxpayers who disproportionately pay a higher share of the costs for developing breakthrough medicines compared to other countries,” Ricks added. “Lilly is in a unique position to work with the U.S. government to rebalance the global system, expand access and lower costs for Americans while also protecting our company’s ability to both innovate and enhance manufacturing capacity to meet the significant demand for our life-saving medicines.”

Medicare will start covering obesity drugs for some patients for the first time starting mid-2026.

By CEO NA Editorial Staff

Related Posts

Analyst: Not cutting rates will be an ’embarrassment’ for Fed
News

Fed expected to hold rates steady at Warsh’s inaugural meeting

CME Group CFO Lynne Fitzpatrick to become CEO
News

CME Group CFO Lynne Fitzpatrick to become CEO

Nvidia debuts next generation of AI chips
News

Nvidia plans to raise $20 billion in debt sale

Amazon taps SpaceX for satellite launch 
News

SpaceX stock rises 20% in first full day of trading

Roku to fire 10% of employees
News

Fox to acquire Roku for $22 billion

France must eliminate tech ‘sales tax’ or risk facing 100% wine tariffs
News

France must eliminate tech ‘sales tax’ or risk facing 100% wine tariffs

Softbank purchases 25% stake in Arm Ltd.
News

SoftBank rises 12% on Iran-U.S. deal

FIFA releases statement following vacant seat controversy
News

FIFA releases statement following vacant seat controversy

Green investors: don’t divest… protest!
News

Shell pauses $3 billion share buyback

Elon Musk tops world’s rich list by $237 billion
News

Elon Musk makes history as the world’s first trillionaire with SpaceX IPO

No Result
View All Result

Recent Posts

  • Fed expected to hold rates steady at Warsh’s inaugural meeting
  • What nearly 80,000 earnings calls reveal about executive leadership
  • GM eyes new battery chemistry to grow AI data center, energy storage business
  • Startup Backed by Ex-Google CEO Debuts Robot, LG Partnership
  • CME Group CFO Lynne Fitzpatrick to become CEO

Archives

Categories

  • Art & Culture
  • Business
  • CEO Interviews
  • CEO Life
  • Editor´s Choice
  • Entrepreneur
  • Environment
  • Food
  • Health
  • Highlights
  • Industry
  • Innovation
  • Issues
  • Management & Leadership
  • News
  • Opinion
  • PrimeZone
  • Printed Version
  • Technology
  • Travel
  • Uncategorized

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

  • News
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life

  • CONTACT
  • GENERAL ENQUIRIES
  • ADVERTISING
  • MEDIA KIT
  • DIRECTORY
  • TERMS AND CONDITIONS

Advertising –
advertising@ceo-na.com

110 Wall St.,
3rd Floor
New York, NY.
10005
USA
+1 212 432 5800

Avenida Chapultepec 480,
Floor 11
Mexico City
06700
MEXICO

CEO North America © 2024 - Sitemap

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Business
    • Entrepreneur
    • Industry
    • Innovation
    • Management & Leadership
  • CEO Interviews
  • Opinion
  • Technology
  • Environment
  • CEO Life
    • Art & Culture
    • Food
    • Health
    • Travel

© 2026 JNews - Premium WordPress news & magazine theme by Jegtheme.