The Trump administration on Tuesday announced plans to launch TrumpRx.com, an online platform that it says will direct Americans to lower-priced drugs.

The announcement came one day after President Trump's deadline for drugmakers to comply with his "Most Favored Nation" (MFN) executive order, which included a mandate for companies to establish direct-to-consumer for medicines, cutting out middlemen.

Chris Klomp, deputy administrator of the Centers for Medicare and Medicaid Services, said on Tuesday that drugs would be made available through the platform "often at full MFN, and always at lower prices than currently available. This is bypassing middlemen. It increases transparency, and many instances, prices are 80 percent lower than they are today."

A senior administration official said

See Full Page