'Big Pharma is terrified because they are no longer invulnerable. By passing the IRA's modest drug pricing reforms, the Senate has opened the door.'
Big Pharma is terrified because they are no longer invulnerable.This past Sunday, Senate Democrats passed the Inflation Reduction Act . The IRA will give Medicare the power to negotiate lower prices on prescription drugs, along with taxing corporations and making necessary investments in climate infrastructure.
The PhRMA lobby group, which represents Big Pharma, is furious. They slammed the IRA as a "price-setting scheme"—just because it stops pharmaceutical corporations from price-gouging seniors to the point of bankruptcy and death.Give Medicare the power to negotiate lower prices on key prescription drugs. Penalize pharma companies for raising Medicare drug prices faster than the rate of inflation.
Big Pharma is terrified because they are no longer invulnerable. By passing the IRA's modest drug pricing reforms, the Senate has opened the door. The IRA establishes that the government has the right to determine a"fair price" for prescription drugs. Once that's enshrined into law, it opens the door to additional legislation, and executive actions, to lower drug prices further.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
‘Big Dogs, Big Hearts’ adoption event to benefit Alabama men captured in UkraineAlex Drueke was captured with fellow veteran and Alabama resident Andy Huynh in early June. Dianna Shaw, Drueke’s aunt, said the event’s name comes from the imprisoned men’s love of big dogs and their hearts for the Ukrainian people.
Baca lebih lajut »
Rihanna and A$AP Rocky Twin in Big, Big JeansThe couple were spotted in a New York City park at 4 AM, both wearing giant jeans.
Baca lebih lajut »
‘A long time coming’: Al Gore, other climate activists celebrate Senate passage of IRAThe Senate's approval of the Inflation Reduction Act (IRA) on Sunday marks the first time the body has ever passed any significant measures to address climate change.
Baca lebih lajut »
Longhorns put faith in ‘big humans’ to transform underachieving offensive lineSo far, DeMarvion Overshown has managed to avoid the stampede in preseason practice. The Texas linebacker very much wants to keep the streak — and himself —...
Baca lebih lajut »
Matt Smith Hasn’t Fully Read Fire & Blood: ‘It’s a Big F-ing Book’Despite starring in the series Matt Smith has yet to finish the book that the upcoming HBO series House of the Dragon is based on.
Baca lebih lajut »