drug pricing
Trump gets credit for drug-pricing push
Both the Trump and Biden administrations have tried to tackle high drug prices, but the public appears to be giving President Trump more credit. A new poll from KFF, released this morning, found that 41% of Americans believe Trump's policies will lower their prescription drug costs, including 79% of Republicans — but just 11% of Democrats.
The perception gap is striking, STAT's John Wilkerson writes, given that Democrats passed a sweeping law allowing Medicare to negotiate drug prices — along with caps on insulin and out-of-pocket spending. Yet only 31% of Americans said they were aware of the program in a 2024 survey.
Trump, by contrast, has leaned heavily on voluntary deals with drugmakers and high-profile promotion, including a White House event for his "TrumpRx" discount website, which initially listed prices for just 43 drugs, many already available as inexpensive generics.
Mark Cuban, the billionaire entrepreneur who co-founded the online pharmacy Cost Plus Drugs, said Democrats are "awful salespeople."
"Democrats couldn't sell a dollar bill for 50 cents," he said this week during a panel discussion.
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liquid biopsy
Grail CEO steps down after trial setback
Grail CEO Bob Ragusa will retire June 1, handing the reins to the company's president, Josh Ofman, in a planned leadership transition that comes just weeks after the company reported disappointing results from a closely watched trial of its flagship cancer detection test.
Ragusa, who helped steer Grail through its spinout from Illumina and scale commercialization of its Galleri blood test, will remain on the board until June and serve as an adviser through early 2027.
The leadership change follows a setback for Galleri, which failed to meet the main goal of a massive National Health Service trial designed to show the test could shift cancers to earlier stages at diagnosis. The result rattled investors and intensified debate over the promise of multi-cancer early detection tests.
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