For months Biden has tout­ed his win over phar­ma in the elec­tion lead-up. Will it help?

Since at least mid-Au­gust, Pres­i­dent Joe Biden has not been shy about how hap­py he is to have de­feat­ed Big Phar­ma with the pas­sage of the In­fla­tion Re­duc­tion Act and the sub­se­quent Medicare drug price ne­go­ti­a­tions that will kick off in 2026.

Biden’s ral­ly­ing cry around beat­ing Big Phar­ma has been the high­light of stump speech­es, even if he isn’t up for re­elec­tion, and even if he’s kept a rel­a­tive­ly low pro­file in the lead-up to the midterms.

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