President Trump signed an executive order Monday that will attempt to bring down the cost of some drugs in the United States — but why are drug prices so high to begin with? On average, Americans pay almost three times as much for prescription drugs as people in other high-income countries like the U.

Prof. Robert Valuck, who runs the Center for Prescription Drug Abuse Prevention at the University of Colorado School of Pharmacy, said Trump's get-tough approach on choking off supply may help reduce deaths, as long as it continues to be accompanied by drug-treatment opportunities.

GSK is acquiring an experimental medicine from a Cambridge biotech to shore up its drug pipeline and muscle into the promising field of liver therapies.

The U.S. Food and Drug Administration has approved AbbVie's drug to treat adults with a type of lung cancer who have received previous treatment, the drugmaker said on Wednesday.

President Donald Trump in an interview with FOX News host Sean Hannity called out the European Union for "screwing" the United States on drug prices. HANNITY: They spend billions of dollars. And put aside whether or not people demonize big pharma,

WASHINGTON (Reuters) -U.S. health secretary Robert F. Kennedy Jr. said on Wednesday at a Senate Committee on Health, Education, Labor & Pensions hearing that he is willing to work with Democrats on lowering prescription drug prices.

US drug deaths plunged in 2024, according to federal data published Wednesday, offering hope that public health measures are paying off even as the toll remains high.

The U.S. Food and Drug Administration said on Wednesday it has approved the expanded use of Merck's cancer drug to treat two types adrenal gland tumors.