Sept 29 (Reuters) - U.S. pharmaceutical lobby group
PhRMA said on Monday it would launch a new website in January to
help patients buy prescription drugs directly from
manufacturers, bypassing pharmacy benefit managers and other
middlemen.
The website, to be called AmericasMedicines.com, will allow
drugmakers to list medicines available for direct purchase and
connect patients with programs that offer lower prices and fewer
barriers to access.
The move is part of a broader push by the biopharmaceutical
industry to simplify how Americans get their medicines and
reduce out-of-pocket costs following mounting pressure from the
Trump administration.
President Donald Trump has urged pharmaceutical companies to
match U.S. prices with those paid in other countries, and in May
signed an executive order requiring drugmakers to offer
Americans the same prices they charge overseas.
In July, Trump sent letters to 17 major pharmaceutical
companies demanding they slash U.S. prescription drug prices to
match those paid in other developed nations. The companies have
until September 29 to respond with binding commitments.
The White House has also floated the idea of a
government-run website, possibly named TrumpRx, to help
Americans shop for cheaper medicines, Bloomberg News reported
earlier this month.
PhRMA did not immediately respond to a request for more
details on its upcoming website.
The direct-to-consumer model has recently gained traction,
with companies like Eli Lilly ( LLY ), Pfizer ( PFE ), and
AstraZeneca ( AZN ) launching their own platforms for select drugs.
Last week, AstraZeneca ( AZN ) said it would offer its
diabetes and asthma treatments at discounts of up to 70%,
starting October 1.
The industry group also said drugmakers had pumped in $500
billion in U.S.-based manufacturing and infrastructure, which
are expected to generate $1.2 trillion in economic output and
create over 100,000 new jobs.