President Trump will announce the launch of the TrumpRx website Thursday night, a Trump adviser told Axios, moving ahead with a plan to offer discounted drug prices through special agreements with drug companies.
Why it matters: The launch will allow people to buy medications directly through the new government portal with discounts the White House has negotiated with the drug manufacturers.
- "This is about affordability, although the president doesn't like to use that specific word," the Trump adviser said.
- The announcement is scheduled for 7pm ET.
Context: The site will offer discounts on drugs from major drug companies including Pfizer, AstraZeneca, EMD Serono, Eli Lilly and Novo Nordisk.
- The site will require patients to pay cash and is likely to mainly benefit patients who don't use health insurance.
