President Joe Biden (Susan Walsh/AP Images)

White House keeps fo­cus on low­er­ing drug prices, turns Re­gen­eron's con­tract lan­guage in­to new stan­dard

As Pres­i­dent Joe Biden strug­gles in the most re­cent 2024 gen­er­al elec­tion polls, the White House is keep­ing its fo­cus on drug prices, go­ing af­ter phar­ma for the sec­ond time in as many weeks, with plans to find new ways to in­ter­act with in­dus­try on the fed­er­al gov­ern­ment’s terms.

While the plan to “march-in” on drug patents from last week will like­ly have on­ly a lim­it­ed ef­fect on a small sub­set of drugs, the ad­min­is­tra­tion on Thurs­day re­ferred to its pro­pos­al as putting “drug com­pa­nies on no­tice if prod­ucts de­vel­oped us­ing fed­er­al funds are not made avail­able to the pub­lic on rea­son­able terms, in­clud­ing based on price.”

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