WASHINGTON — President Donald Trump is expected to announce a deal to cut prices on some popular weight-loss drugs on Thursday, according to multiple reports.

The announcement is scheduled for 11 a.m. ET Thursday.

Earlier this week , people familiar with the discussions told The Wall Street Journal the agreement involved Novo Nordisk’s Wegovy and Eli Lilly’s Zepbound, both GLP-1 medications that currently list for over $1,000 a month without insurance, as well as potential coverage for Novo Nordisk’s diabetes drug Ozempic.

The reported deal would make the lowest doses of the drugs available through the administration’s TrumpRx initiative for as little as $149 a month in some cases. The sources also told the outlet that the deal could also allow Medicare and Medicaid to begin covering t

See Full Page