PhRMA calls document destruction part of new guidance on drug price negotiations 'unconstitutional'
Many have wondered how the biopharma industry might take CMS to court over its new drug price negotiations plans, and lobbying group PhRMA offered a hint with a new comment on the implementation of the negotiation provisions of the Inflation Reduction Act.
The section of the guidance in question, known as Section 40.2.2, tells biopharma manufacturers that CMS intends to require that all info received during the negotiation period from CMS “shall be destroyed within 30 days of a determination by CMS that the drug or biologic no longer qualifies as a selected drug, except as may be required by applicable state or federal law.”
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