Bristol Myers Squibb Co. is suing the federal government over Medicare’s drug price negotiation program, CNBC reported late Friday. The company has asked the...
Bristol Myers Squibb Co. BMY is suing the federal government over Medicare’s drug price negotiation program, CNBC reported late Friday. The company has asked the court to declare the program unconstitutional, and to be exempt from it, the report said. Earlier this month, Merck & Co. MRK filed a similar lawsuit, calling the program, established last year as part of the Inflation Reduction Act, “tantamount to extortion.
... Bristol Myers Squibb Co. BMY is suing the federal government over Medicare’s drug price negotiation program, CNBC reported late Friday. The company has asked the court to declare the program unconstitutional, and to be exempt from it, the report said. Earlier this month, Merck & Co. MRK filed a similar lawsuit, calling the program, established last year as part of the Inflation Reduction Act, “tantamount to extortion.
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