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A new deal with major drugmakers, unveiled by U.S. President Donald Trump on Thursday, aims to expand coverage and cut prices for popular weight-loss drugs south of the border.

The deal with Eli Lilly and Novo Nordisk is set to expand Medicare coverage of Zepbound and Wegovy, two GLP-1 receptor agonist medications . GLP-1 agonists β€” which include semaglutide medications such as Wegovy and Ozempic β€” are a class of medications that mimic the GLP-1 hormone to help treat diabetes and obesity.

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