Trump launches TrumpRx prescription drug site
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GoodRx Holdings Inc. (NASDAQ:GDRX) is one of the best stocks under $3 to invest in, although one firm had recently become neutral on the stock. On January 22, analysts at Jefferies lowered their rating on GoodRx Holdings Inc.
After announcing TrumpRx late last year, President Trump finally unveiled the new government website on Thursday, where Americans can find discounts on brand-name prescription drugs if they pay cash rather than use health insurance.
TrumpRx is a website that lists discounted cash prices from pharmaceutical manufacturers. TrumpRx does not sell or dispense drugs. Instead, TrumpRx facilitates consumer access to the selected discount, and then the underlying partner platform executes the pricing.
TrumpRx is an alternative for people with insurance who take GLP-1 drugs for weight loss, because many insurers either have never covered them or stopped doing so because of their high cost, Cubanski said. Prices on TrumpRx vary from $149 to $499, depending on the dosage and form of the drug.