Add Yahoo as a preferred source to see more of our stories on Google. The Biden administration announced the next 15 drugs subject to Medicare price negotiations. (Shana Novak/Stone RF/Getty Images) ...

A drug selected for the latest round of Medicare drug price negotiations stands to get dropped because a lower-cost ...

Now that the first round of price negotiations is complete, CMS' new guidelines will provide more time for drugmakers to make counteroffers, as selected drugs for round 2 will be announced by Feb. 1, ...

Topping the list are Novo Nordisk's blockbuster diabetes injection Ozempic, weight loss shot Wegovy and diabetes pill Rybelsus, which are considered one product in the talks since they all share the ...

The U.S. government is fine-tuning the rules for how it will negotiate drug prices within Medicare when the second round of talks with drugmakers begins early next year. Specifically, officials at the ...

Seshamani is deputy administrator of the Centers for Medicare & Medicaid Services and director of the Center for Medicare. The historic Inflation Reduction Act of 2022 has fundamentally improved the ...