Drug Prices
WASHINGTON — President Joe Biden’s plans to do more to lower prescription drug prices and ensure the nation’s health care system works better for more Americans will be the centerpiece of his State of the Union address, the White House... Read More
WASHINGTON — Democrats on the House Committee on Oversight and Accountability are pressing some of the nation's largest drug manufacturers for answers on why there are still intermittent and repeated shortages of cancer meds and other drugs. Led by Rep.... Read More
WASHINGTON — The Biden-Harris administration on Thursday sent its initial offers to the makers of 10 prescription drugs that have been selected for price negotiations with Medicare under the Inflation Reduction Act. Medicare is federal health insurance for anyone 65... Read More
WASHINGTON — The White House announced Tuesday that all 10 drug companies whose products were selected for price negotiations with Medicare have agreed to participate in those talks. The companies, which include Bristol Myers Squibb, the maker of Eliquis, Boehringer... Read More
WASHINGTON — PhRMA, the pharmaceutical industry’s largest lobbying group, sued the Biden administration on Wednesday asserting provisions of the Inflation Reduction Act that allow Medicare to start negotiating the prices of certain drugs are unconstitutional. The 59-page complaint, in which... Read More
WASHINGTON — The pharmaceutical industry’s leading lobby group said Tuesday it did not know of a meeting at the White House to discuss lowering prescription drug prices, after President Donald Trump said executives were coming in this week to negotiate.... Read More
WASHINGTON - Rep. Scott Peters, D-Calif., helped advance H.R. 3, the Lower Drug Costs Now Act, joining the majority of his colleagues on the Energy and Commerce Committee in voting to send the measure on to the full House. The... Read More
The Blue Dog Coalition on Wednesday threw its support behind two bipartisan bills that aim to lower prescription drug costs and increase transparency in the drug pricing system. The coalition is a House caucus of moderate and fiscally responsible Democrats.... Read More