Pharmaceuticals

Pharma industry fights back against more pricing negotiations

US healthcare lobbyist Vital Transformation has
released a document outlining objections to the expansion of drug
pricing policies under the Inflation Reduction Act (IRA).

One of US President Joe Biden’s signature policy
achievements, the IRA mandates a change to drug pricing which was
designed to enable savings for the federal health insurance
program Medicare.

The legislation, which has led to Medicare
administrators negotiating certain drug…

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