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Trump, Merck KGaA announce deal to cut some IVF drug prices

by David Harrison – Chief Editor

WASHINGTON, Feb 29 – Former President Donald Trump adn⁤ Merck KGaA announced a⁢ deal ⁢Thursday too reduce the price of certain ​drugs‌ used in in-vitro fertilization ⁤(IVF), aiming to ease financial burdens for families‌ undergoing the costly treatment.

The agreement will lower the ⁤price of select fertility medications sold by Merck kgaas U.S. and Canadian ​affiliates by up ‌to 70%, benefiting⁤ an estimated one million Americans annually.⁣ Trump unveiled the initiative during ‌a⁣ campaign event in South ⁢Carolina, framing it as a victory for families and a commitment ⁤to supporting the creation of life. The price cuts ‌will be implemented throughout 2024, with some‌ reductions taking effect immediately.

“We’re making IVF more⁤ affordable⁤ and accessible for all,” Trump stated at the event. “This ⁤is a very critically important issue, and ⁢we’re going ⁣to ⁤continue to fight for families.”

The deal focuses on medications like ⁣Gonal-F, Menopur, and Cetrotide, essential for ovarian stimulation and‌ preventing premature ovulation during IVF cycles. The cost of ⁢a single IVF​ cycle can range from $12,000 to $15,000, with ⁣medication often accounting for 20-30% of the ‍total expense. Rising costs have increasingly limited access ​to IVF for many aspiring parents.

Merck KGaA, a German science and technology ‌company, stated ⁣the price reductions are part of its ongoing commitment⁢ to responsible pricing and patient access. “We are pleased to work with President ‌Trump to help‌ make⁤ fertility treatments more affordable for American families,” said a company spokesperson.

The announcement comes⁣ amid heightened political⁢ scrutiny of⁣ IVF access, especially‍ following a ‍recent Alabama Supreme Court ruling that⁢ raised concerns about ⁢the legal status of frozen embryos.The Trump campaign ‍has sought to capitalize on the ​issue, positioning the former president as a champion of family values and reproductive freedom.

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