Johnson & Johnson sues Biden administration over Medicare drug price negotiations

www.cnbc.com

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Johnson & Johnson sues Biden administration over Medicare drug price negotiations

www.cnbc.com

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politics English • 1 year ago

cross-posted to:
news

Merck, Bristol Myers Squibb, the U.S. Chamber of Commerce and PhRMA filed separate lawsuits against the provision last month.

Johnson & Johnson sued the Biden administration over Medicare’s new powers to slash drug prices, making it the third pharmaceutical company to challenge the controversial provision of the Inflation Reduction Act.

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@moneyinphx
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66•1 year ago
Giant corporations big mad that they can’t make Medicare pay whatever price they want.
- eric
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  30•1 year ago
  Bargaining power - ain’t that a bitch?

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