If a deal is not reached, a new rule will kick in that will tie the price of what the U.S. pays for medications to lower prices paid by other countries.

By Will Weissert, Amanda Seitz, Seung Min Kim, Associated Press

President-elect Donald Trump on Monday held a wide-ranging news conference in which he said he would preserve access to the polio vaccine but equivocated on other vaccines, pledged to look at bringing down the costs of pharmaceuticals and expressed doubts…

By Michelle L. Price, Adriana Gomez Licon, Associated Press

Diabetics will now see a break in their out-of-pocket costs for insulin. Sanofi, one of the leading manufacturers of the hormone, joined two other major pharmaceutical companies in capping their insulin copays at $35. This comes after years of pressure…

By Laura Barrón-López, Shrai Popat

Hundreds of thousands of older Americans could pay less for some of their outpatient drug treatments beginning early next year, the Biden administration announced Thursday.

By Amanda Seitz, Associated Press