Trump gave drug companies a last-minute win on prescription prices. Democrats want Biden to roll it back. - News Summed Up

Trump gave drug companies a last-minute win on prescription prices. Democrats want Biden to roll it back.


Democrats in Congress and health advocates say the proposed rule would eliminate one of the few impediments to sky-high drug prices in the United States. The Pharmaceutical Research and Manufacturers of America, an industry trade group, has not yet submitted a comment on the proposed rule. ADADLiberal Democrats in Congress are pushing the Biden administration to reject the Trump rule. The Trump rule would apply to all government-backed inventions, but the focus of the public debate generally has been over drugs. The association maintains that advocates of lower drug prices concocted “hidden meaning” in the Bayh-Dole march-in rights that needs to be definitively ruled out.


Source: Washington Post March 31, 2021 10:02 UTC



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