President Donald Trump announced a deal on Thursday between his administration and pharmaceutical company EMD Serono to reduce the cost of some fertility medications.
Senior administration officials have said this deal will help millions of American women struggling to conceive with their ability to afford the expensive treatment.
Trump pledged to expand IVF access for Americans struggling to start families -- making it a point of his presidential campaign. In February, he signed an executive order looking into how to lower costs and reduce barriers to IVF.
This deal "delivers on the president's pledge," an official said.
Trump said EMD Serono, the largest fertility drug manufacturer in the world, has agreed to provide discounts for the cost of fertility drugs the company sells in the U.S., including its most popular, Gonal-f, which treats infertility in women and men.
Officials told ABC News a fertility drug typically costs between $5,000 and $6,000 per cycle, the officials said, and only about 30% of families have access to some sort of employer-based coverage.
President Donald Trump announced a deal on Thursday to significantly reduce the cost of a specific IVF medication.
abcnews.go.com