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

@MicroWave to

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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Oh noes not the billion dollar company’s profits! Anything but the profits!

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