Pallone: Medicare Drug Price Negotiation Made Possible the Lower Prices for Weight Loss Medications

Energy and Commerce Committee Ranking Member Frank Pallone, Jr. (D-NJ) released the following statement today:

“While I will always commend any action to lower the price of prescription drugs, let’s be clear today’s announcement would not have been possible without the Medicare Drug Price Negotiation Program passed by Democrats in 2022. Democrats created the legal authority to negotiate down the Medicare price of GLP-1 medications like Ozempic and Wegovy without a single Republican vote.

“It’s classic Donald Trump: take credit for the hard work of others. If the president liked this idea, he should give us a call. Democrats have a lot more ideas on how to lower prescription drug prices, unlike Trump’s smoke and mirrors proposals that only shift costs and give false hope to patients. It’s time for President Trump to stop playing games and sit down with Congressional leaders to lower health care costs.”

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