Kennedy Jr. During which, he shared a viral anecdote about his friend getting drugs cheaper abroad, illustrating how high drug prices are in the U.S.: nearly three times higher than 33 comparison countries,

The order calls on the health department, led by Robert F. Kennedy Jr., to broker new price tags for drugs over the next month.

Order expected to affect specific medications covered under Medicare that are administered in a health care setting

Roughly 3,000 homeless veterans live in the California hotspot, accounting for about 10% of all homeless veterans in the nation.

The order is based on a "most favored nation" pricing model, which is similar to a policy Trump pushed in his first administration.

The ACLU on Monday filed an amended complaint and discovery requests in its case against the NEA in US District Court in Rhode Island, arguing that by following the order, the NEA will violate artists’ right to free speech and other rights protected by the Constitution.

There are significant questions on how the order can be implemented, and if companies can raise prices on already approved drugs, analysts say.

President Trump's executive order on drug pricing caused a surprising rally in pharmaceutical stocks. Read my analysis of PJP ETF.