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TAG: negotiating drug prices

Judge slaps down Big Pharma’s attack on drug price cuts

by Michael Hiltzik The pharmaceutical industry’s all-out attack on President Joe Biden’s drug negotiation initiative for Medicare — comprising nine federal lawsuits (so far) and lots of heavy breathing by lobbyists — has just run into a major snag. That it came from a judge ...

How Medicare should negotiate prescription prices

The Inflation Reduction Act, passed last year, gave Medicare the authority to negotiate drug prices for the first time. The government will start with 10 medications, which were announced last month. Now it just needs to figure out how much they should cost. When Congress created ...