Feb 8, 2024
Pharmaceutical industry leaders, as well as former Trump and Obama administration officials, are urging the Biden administration to reconsider a plan that would allow the government to seize patents on drugs when their cost reaches a certain point. Critics argue that the approach misinterprets existing laws and threatens the development of innovative and life-saving drugs. Over 500 comments were filed by the February 6th deadline, with various groups and individuals expressing concerns about the proposed framework.
Feb 7, 2024
Medicare begins negotiations with drugmakers for cost of 10 expensive medications. Senator Bernie Sanders criticizes high drug prices in US compared to other countries.