Every Angle Covered.
Published loading...Updated

Chamber of Commerce sues Biden administration over federal control of drug prices

  • The U.S. Chamber of Commerce has filed a lawsuit against the federal government over the new law that allows Medicare to negotiate drug prices with pharmaceutical companies. The Chamber argues that the program violates drugmakers' due process rights and would impose excessive penalties on companies who do not accept the set prices.
  • The Chamber's lawsuit follows a similar suit filed by Merck & Co earlier in the week, citing concerns over price controls stifling innovation in the pharmaceutical industry and negatively impacting long-term American healthcare.
Insights by Ground AI
Does this summary seem wrong?

6 Articles

All
Left
2
Center
3
Right
1
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Wall Street Journal broke the news in New York, United States on Friday, June 9, 2023.
Sources are mostly out of (0)