Latest Prescription drug costs News

Democratic presidential candidate former Vice President Joe Biden arrives to board a plane at New Castle Airport in New Castle, Del., Wednesday, Sept. 9, 2020, en route to campaign events in Michigan. (AP Photo/Patrick Semansky)

AP FACT CHECK: Biden on autos, virus; Trump on drug prices

Sep. 9, 2020 5:55 PM EDT

DETROIT (AP) — President Donald Trump exaggerated his administration’s efforts to lower prescription drug prices while Democratic rival Joe Biden claimed too much credit for reviving the U.S. auto industry and misstated the number of military deaths from COVID-19. A look at some of their claims in...

FILE - This Tuesday, June 16, 2020 file photo shows a bottle and box for dexamethasone in a pharmacy in Omaha, Neb. New studies confirm that cheap steroid drugs improved survival for severely ill COVID-19 patients, cementing this as a standard of care and expanding options to more types than this one previously shown to help. (AP Photo/Nati Harnik)

Steroids confirmed to help severely ill coronavirus patients

Sep. 2, 2020 11:33 AM EDT

New studies confirm that multiple types of steroids improve survival for severely ill COVID-19 patients, cementing the cheap drugs as a standard of care. An analysis of pooled results from seven studies, led by the World Health Organization and published Wednesday by the Journal of the American Medical...

FILE - In this July 23, 2019, file photo, Gov. Gavin Newsom talks to reporters at his Capitol office, in Sacramento, Calif. California lawmakers on Monday, Aug. 31, 2020, moved to use the most populous state's market power to lower the cost and increase the availability of prescription drugs for its nearly 40 million residents, with supporters citing the coronavirus pandemic as proof that more is needed to reduce shortages in drugs and other medical supplies. (AP Photo/Rich Pedroncelli, File)

California OKs bill to flex power on prescription drugs

Sep. 1, 2020 1:52 AM EDT

SACRAMENTO, Calif. (AP) — California lawmakers on Monday passed a bill to use the most populous state's market power to lower the cost and increase the availability of prescription drugs for its nearly 40 million residents, with supporters citing the coronavirus pandemic as proof that more is needed to...

President Donald Trump participates in a roundtable discussion on the coronavirus outbreak and storm preparedness at Pelican Golf Club in Belleair, Fla., Friday, July 31, 2020. (AP Photo/Patrick Semansky)

AP FACT CHECK: Trump hype on drug costs, hydroxychloroquine

Aug. 3, 2020 12:07 AM EDT

WASHINGTON (AP) — President Donald Trump is making grandiose claims about slashing drug prices and the efficacy of a treatment for COVID-19 that don’t hold up to reality. In a tweet Sunday, he asserts that he will reduce drug prices by at least 50%. That’s highly unlikely. Measures announced...

With Air Force One in the background, President Donald Trump speaks during a campaign event with Florida Sheriffs in Tampa, Fla., Friday, July 31, 2020. (AP Photo/Patrick Semansky)

AP FACT CHECK: Trump's election agitations and distortions

Aug. 1, 2020 8:09 AM EDT

WASHINGTON (AP) — Heads snapped and eyes rolled when President Donald Trump made a case for considering an election postponement in the pandemic. Republican and Democratic lawmakers, who agree on precious little, said forget about it. Among them, Senate Majority Leader Mitch McConnell agreed Nov. 3 is set...

President Donald Trump speaks during an event to sign executive orders on lowering drug prices, in the South Court Auditorium in the White House complex, Friday, July 24, 2020, in Washington. (AP Photo/Alex Brandon)

With no new law to curb drug costs, Trump tries own changes

Jul. 25, 2020 12:18 AM EDT

WASHINGTON (AP) — Unable to land the big deal with Congress to curb drug costs, President Donald Trump has moved on his own to allow imports of cheaper medicines, along with other limited steps that could have some election-year appeal. At a White House ceremony Friday, Trump signed four executive orders....

President Donald Trump speaks during an event to sign executive orders on lowering drug prices, in the South Court Auditorium in the White House complex, Friday, July 24, 2020, in Washington. (AP Photo/Alex Brandon)

With no new law to curb drug costs, Trump tries own changes

Jul. 24, 2020 9:23 PM EDT

WASHINGTON (AP) — Unable to land the big deal with Congress to curb drug costs, President Donald Trump on Friday moved on his own to allow imports of cheaper medicines, along with other limited steps that could have some election-year appeal. At a White House ceremony, Trump signed four executive orders....