Eli Lilly to make drug prices in the U.S. cheaper

(CNN)– Eli Lilly is planning to significantly hike the price of the weight-loss drug Mounjaro in the United Kingdom in a bid to make it cheaper in the U.S.

The move by the U.S. drugmaker comes after weeks of pressure from the Trump administration.

Thursday, Aug. 14, the company announced it was rolling out price hikes across Europe.

A month’s supply of the highest dose of Mounjaro in the U.K. will rise from $165 to $447.

That’s a 170% increase.

Eli Lilly said prices for Mounjaro accessed through the U.K.’s public health service would remain unchanged.