Biden sets a 45-day countdown for 'comprehensive' plan to tackle drug pricing — while championing some familiar policies
Should the pharma industry be bracing for new battles on drug pricing?
In an executive order that might serve as a prelude for what’s to come, President Joe Biden spotlighted some familiar policy proposals while directing the HHS to “issue a comprehensive plan within 45 days to combat high prescription drug prices and price gouging.”
The EO announcement comes on the heels of a call by House Speaker Nancy Pelosi to attach drug pricing reform to the current budget bill. The central figure behind a sweeping bill to tackle drug prices that’s passed the House, Pelosi publicly rejected the industry’s argument that lowering prices would harm innovation.
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