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International Business Times
International Business Times
Business

Johnson & Johnson Plans to Sell Prescription Drugs to TrumpRx in Cost-Reduction Push

Donald Trump TrumpRx Johnson & Johnson ( United States diabetes
The Johnson & Johnson logo is displayed at company offices on October 17, 2023 in Irvine, California. Johnson & Johnson beat Wall Street’s quarterly revenue and earnings estimates as sales in its pharmaceutical and medical devices businesses grew.

Pharmaceutical giant Johnson & Johnson is set to sell several of its prescription medications through the TrumpRx platform, a US government-linked website designed to lower drug prices for patients.

The move is part of a broader cost-cutting agreement between major drugmakers and the Trump administration aimed at making medicines more affordable.

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