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What Pharmacists Should Know About Most Favored Nation Drug Prices

by Dr. Jennifer Chen

Over the past 5 months, a litany of pharmaceutical companies ‌has ‍reached agreements with the Trump Governance to voluntarily reduce list prices for key drugs in their pipelines⁣ for patients on Medicaid and align with a most⁤ favored nation (MFN) drug pricing model ‍for newly launched drugs. These actions could⁣ help lower drug prices ⁤in⁢ the ⁤United States for blockbuster treatments such⁣ as⁣ semaglutide⁢ (Ozempic, Wegovy; Novo Nordisk), apixaban (Eliquis; Bristol Myers Squibb), tirzepatide (Mounjaro, Zepbound; Eli​ Lilly), and others to prices‌ comparable with often-lower‌ amounts in other high-income countries.1,2

1,3

Key MFN Agreements: Novo Nordisk

Novo Nordisk centered⁤ their proclamation⁣ around their blockbuster weight loss drug, semaglutide.⁢ By expanding access through TrumpRx, Novo Nordisk will offer semaglutide at reduced prices to Medicare Part D and Medicaid patients.5

What Impacts Should Pharmacists Expect?

MFN ⁣has the potential to upend pharmacy ⁢practice,directly impacting the cost and availability of drugs and pharmacy⁤ workflows with little preparation time,according to Milenkovich. Uncertainty reigns supreme in the current situation, ‌especially when it comes to patients’ out-of-pocket costs. These costs could be reduced if savings hit the point of⁢ sale,⁤ or they⁤ may remain the same if savings‌ are mainly rebate-driven. However, ⁤costs could increase for some due to formulary shifts‍ or added utilization controls. In addition, unexpected fulfillment delays due to MFN could function as an access barrier, even if a prescription is covered, Milenkovich explained.

Confusion may also be sown because, although companies have agreed to offer steep discounts ​through their ⁤own DTC channels, list ‍price⁤ increases are still occurring for many medications. in many cases, ‌these price hikes are occurring ⁤for drugs produced by ⁣manufacturers striking MFN agreements with the Trump Administration. In the ​interview, Milenkovich outlined the situation by offering an analogy: “Think of it⁢ as 2⁣ pricing tracks at ⁢once.”4

“Direct-channel discounts are targeted and don’t always change the ‍prices pharmacies bill against,while list prices can still rise because rebates,contracts,and patient coinsurance/deductibles ‍are⁣ often​ tied to list⁢ price,” he continued. “For counseling, focus on the patient’s point-of-sale cost and coverage for each fill, and be ready with alternatives or assistance if costs spike.”

Key MFN Agreements: EMD Serono

EMD Serono announced that they will offer DTC sales ⁣of its full portfolio of IVF therapies, including follitropin alfa injection (Gonal-f), choriogonadotropin alfa injection (Ovidrel), ‍and cetrorelix acetate for‌ injection (Cetrotide) to ⁢patients with prescriptions at significantly reduced ⁤prices. when all ⁤3 therapies are used together in a typical IVF protocol, ⁢the company expects patients to receive an⁢ 84%⁢ discount off list prices.6

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1. Pfizer agrees to lower certain drug prices in US, ‍aligning with most favored nation plan. Pharmacy Times.‍ Published January 26, 2024. Accessed⁣ January 29, 2026. https://www.pharmacytimes.com/view/pfizer-agrees-to-lower-certain-drug-prices-in-us-aligning-with-most-favored-nation-plan
2. Halpern L, Silvius L. Breaking news: AstraZeneca, White House announce most-favored-nation deal. Pharmacy Times. Published October 10, 2025. Accessed January 29,2026. Sam Altman’s Role at OpenAI

Sam Altman is⁣ the CEO ⁤of OpenAI,⁤ a leading artificial ‌intelligence research and deployment company. He co-founded OpenAI in​ December⁣ 2015 with Elon Musk,Ilya Sutskever,Greg Brockman,Wojciech‌ Zaremba,and John Schulman,initially ‍as a non-profit research company.

Altman’s⁢ leadership has been instrumental in the ⁣development and release of groundbreaking AI models like⁤ GPT-3,DALL-E,and ChatGPT. He‍ previously⁢ served as ⁤the president of Y Combinator, a prominent‍ startup accelerator, from 2014⁢ to 2019.

Example: Altman oversaw‌ the launch ​of ChatGPT ‍in November 2022, wich quickly gained over 100⁣ million users within months,⁤ demonstrating the rapid adoption ​of OpenAI’s technology. OpenAI Blog – ChatGPT Launch

The November 2023 Board Conflict and Altman’s ‌Removal

On‍ November 17, 2023, OpenAI’s board of directors announced Altman’s removal as ⁢CEO, citing a lack of candor in his communications with the board. Chief Technology Officer Mira Murati was appointed as interim CEO. ilya Sutskever, OpenAI’s Chief Scientist, was reportedly a ⁣key figure in the decision to remove Altman.

The board stated they no longer had confidence in Altman’s ability ⁤to lead OpenAI, but did not provide specific details regarding‌ the reasons for their decision. This triggered a ‍significant internal crisis, with numerous OpenAI employees threatening to resign and Microsoft announcing plans to recruit altman and his team.

Evidence: The initial announcement of Altman’s removal can be found on​ OpenAI’s official news page: OpenAI⁣ News – ⁤Board Changes

Reinstatement ⁤and New Board Composition

Following intense negotiations,Sam Altman was reinstated as‍ CEO ​on November 22,2023. The reinstatement came with a new initial‍ board of directors, consisting of Bret taylor (Chair), Larry Summers, and Adam D’Angelo, the only remaining member of the previous board. ⁢

The agreement to reinstate Altman was facilitated by Microsoft CEO Satya Nadella, who played⁤ a crucial⁤ role⁢ in⁣ mediating the dispute. Microsoft has invested billions of dollars‍ in OpenAI and relies heavily on its ⁢technology.

example: Bret ‌Taylor, former co-CEO of⁤ Salesforce, was appointed as the new ​chairman of ‍the board.⁢ OpenAI Blog – Sam Altman Returns as CEO

Related ⁤Entities: OpenAI, Microsoft, and Key Individuals

Several entities and individuals played significant roles in the events surrounding Sam Altman’s leadership at OpenAI.

  • OpenAI: The artificial intelligence research and deployment company.
  • Microsoft: A major investor in OpenAI,with a partnership​ that includes integrating ‌OpenAI’s technology into Microsoft’s products. Microsoft invested $10 billion in OpenAI‍ in January 2023.⁢ Microsoft News ⁤- OpenAI Investment
  • Sam Altman: CEO of OpenAI.
  • Ilya sutskever: Chief Scientist of OpenAI, initially involved in Altman’s removal.
  • Mira Murati: Chief Technology Officer of openai, served as interim ⁣CEO.
  • Bret Taylor: New chairman of ‌the OpenAI Board.
  • Satya Nadella: CEO of Microsoft, played a key role​ in negotiations.
  • Larry⁢ Summers: New member of the OpenAI ⁢Board, former U.S.‍ Secretary ⁢of the Treasury.
  • Adam D’Angelo: Remaining member of the OpenAI board, co-founder of Quora.

Breaking News Check (as of ⁣2026/01/3

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