Regulatory NewsBREAK: CMS Announces List of Selected Drugs for IPAY 2028

  • On January 27, 2026, the Centers for Medicare and Medicaid Services (CMS) announced the list of drugs selected for the third round of the Medicare Drug Price Negotiation Program.
  • For the first time, the list includes drugs payable under Part B in addition to Part D.
  • The selected drug list for the third cycle of negotiations:    
    • Anoro Ellipta   
    • Biktarvy  
    • Botox; Botox Cosmetic
    • Cimzia
    • Cosentyx
    • Entyvio
    • Erleada
    • Kisqali
    • Lenvima
    • Orencia
    • Rexulti
    • Trulicity
    • Verzenio
    • Xeljanz; Xeljanz XR
    • Xolair   
  • In addition, CMS announced the selection of one drug chosen for renegotiation:
    • Tradjenta
  • The negotiations with participating drug companies will occur in 2026 and any negotiated and renegotiated prices will become effective in 2028. 

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