MedWatch

Biden starts new offensive to bring down medicine prices

Novo and Lundbeck are dropping on the stock exchange as it is revealed that US President Joe Biden wants an extensive plan to fight high prices on prescription medicine in place within the next 45 days.

Photo: SAUL LOEB/AFP / AFP

US President Joe Biden issued an order on Friday criticizing the high prices of prescription medicine in the US, which according to the president are more than 2.5 times higher than in other countries - if not more.

This has led to one in four Americans struggling to pay for their medicine, while a third do not take their medicine as advised, the decree states.

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