• By ICR Secretariat
  • Posted Thursday, August 19, 2021

Biden embraces Medicare drug price negotiation as Democrats seek to widen health coverage

https://www.biopharmadive.com/news/biden-medicare-drug-price-negotiation-proposal/604898/

President Joe Biden embraced congressional Democrats' broad drug pricing agenda, announcing Thursday his support for legislation that would allow Medicare to negotiate directly with pharmaceutical manufacturers and penalizing companies that raise prices faster than inflation.