New Delhi, Feb. 6 -- United States President Donald Trump has launched a new free website called TrumpRx.gov, which offers Americans around 43 popular prescription drugs, including Wegovy, Ozempic and Insulin, at reduced prices.

According to a White House fact sheet, the move is aimed at addressing the cost-of-living and affordability crisis and will allow patients in the US to access many of the highest-priced medicines in the country at prices in line with the lowest paid by other developed nations. This is known as the most-favored-nation, or MFN price.

Speaking to reporters at the White House on 5 February, Trump said Novo Nordisk's Ozempic and Wegovy will both be priced at $199; while pharma major EMD Serono would "dramatically cut...