Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.

The White House on Friday said Novo Nordisk’s weight-loss drugs Wegovy and Ozempic were among the 15 medications picked for a round of price negotiations with Medicare. The companies do not have to negotiate, but if they don’t, they face fines or the possible end of Medicare reimbursements.

Don Dempsey, head of policy and research at lobbying group Better Medicare Alliance — funded by insurance companies including UnitedHealth Group and Humana — was the leading candidate to be Trump’s top health official at the US Office of Management and Budget, said three people familiar with the matter.

On its last weekday in power, the Biden Administration has chosen the next batch of drugs up for price negotiation in Medicare.

Abe Sutton, a health policy aide in the first Trump administration, is likely to be named head of the Center for Medicare and Medicaid Innovation at CMS.

Biden spent like no president in history, and, with a sleight of hand, by taking hundreds of billions out of Medicare and spending it on green energy subsidies.

The Biden administration announced Friday that Ozempic, Wegovy and 13 additional drugs will now be covered under Medicare Part-D for price negotiations, the next round of negotiations under the Inflation Reduction Act passed by President Joe Biden in 2022.

President Donald Trump started his second administration with a blitz of policy actions to reorient the U.S. government.

President Donald Trump's initial executive orders target previous efforts to reduce health care costs, pandemic preparedness, and international partnerships, showing a stark contrast to the Biden administration.

President Donald Trump issued a flurry of executive orders and other actions on health care soon after reentering office. Other than signaling he intends to reverse many of Joe Biden’s moves, the orders will have little immediate impact.

President Donald Trump started his second administration with a blitz of policy actions to reorient the U.S. government. His executive orders cover issues that range from trade, immigration and U.S. foreign aid to demographic diversity,