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.”
Unlock this article instantly by becoming a free subscriber.
You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.