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2027 CMS Medicare Drug Negotiation Program Update

CMS recently announced that effective January 1, 2027, multiple medications will be removed from the Medicare Drug Price Negotiation Program due to the availability of generic and/or biosimilar competition. These agents will continue to have Maximum Fair Prices (MFPs) in place through December 31, 2026.

The following medications are being removed from the Medicare Drug Price Negotiation Program on January 1, 2027:

  • Entresto
  • Stelara
  • Xarelto
  • Fiasp products (Fiasp FlexTouch/ PenFill)
  • NovoLog products (NovoLog FlexPen/ PenFill)

When a drug is removed from the negotiated drug list, CMS does not replace it with another drug for that program year. Additionally, CMS is not expected to make further modifications to the finalized 2027 MFP drug list.

The Inflation Reduction Act (IRA) initially limited the number of negotiated drugs during the early years of the program’s implementation. CMS will continue expanding the number of negotiated therapies annually in coming years.

The following medications will be on Medicare Drug Price Negotiation Program effective January 1, 2027:

Effective Year Drug Name(s) Manufacturer Therapeutic Area
2026 Eliquis Bristol Myers Squibb / Pfizer Cardiovascular
2026 Jardiance Boehringer Ingelheim / Eli Lilly Diabetes / Metabolic
2026 Januvia Merck Diabetes / Metabolic
2027 Janumet / Janumet XR Merck Diabetes / Metabolic
2026 Farxiga AstraZeneca Diabetes / Metabolic
2027 Tradjenta Boehringer Ingelheim Diabetes / Metabolic
2027 Ozempic / Rybelsus / Wegovy Novo Nordisk Diabetes / Metabolic
2027 Linzess AbbVie Gastroenterology
2027 Xifaxan Salix Pharmaceuticals Gastroenterology
2026 Imbruvica AbbVie / Janssen Oncology / Hematology
2027 Xtandi Astellas / Pfizer Oncology / Hematology
2027 Pomalyst Bristol Myers Squibb Oncology / Hematology
2027 Calquence AstraZeneca Oncology / Hematology
2027 Ibrance Pfizer Oncology / Hematology
2027 Trelegy Ellipta GSK Respiratory
2027 Breo Ellipta GSK Respiratory
2027 Ofev Boehringer Ingelheim Respiratory
2026 Enbrel Amgen Rheumatology / Immunology
2027 Otezla Amgen Rheumatology / Immunology
2027 Austedo / Austedo XR Teva Psychiatry / Neurology
2027 Vraylar AbbVie Psychiatry / Neurology

The information in this Drug Review is provided in summary form to facilitate discussion.
It is not intended for use as the sole basis for clinical treatment nor as a substitute for reading original literature.