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Published 2 years ago

Big pharma went all in to kill drug pricing negotiations

Summary by Ground News
The Senate passed a bill that would allow Medicare to negotiate drug prices. Opponents of the bill say it will halt private funding of drug discovery and development. The bill would save the Centers for Medicare & Medicaid Services about $102 billion over a decade. In 2021 alone, the top U.S. pharmaceutical companies booked tens of billions in revenue.

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