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Nigeria just launched a nationwide medicine buying program that could dramatically lower drug prices for millions. By pooling orders from hospitals across the country, the system will negotiate bulk discounts and get quality medicines to more people.
Sixteen major pharmaceutical companies agreed to cut prescription drug prices for Americans through a new discount platform called TrumpRx. Popular medications including weight-loss drugs, diabetes treatments, and asthma inhalers will now cost significantly less for millions of consumers.
Wealthy countries are increasingly using special licenses to make patented drugs affordable for their citizens. A new study shows this practice jumped from 15% to 54% of all such licenses worldwide in just one decade.