Laffy on Nostr: “Merck sued fed govt over legis that empowers #Medicare for 1st time to negotiate ...

“Merck sued fed govt over legis that empowers #Medicare for 1st time to negotiate prices directly w drugmakers.

…Most signif move so far..Dems pushed thru Medicare-negotiation program as a provision of the Inflation Reduction Act..as a way of lowering drug prices.

Only some drugs will be subj to negotiation w Medicare & only after they’ve been on market w/o competition for yrs. But #BigPharma cast the Medicare-negotiation program as a dire threat to new cures” https://www.nytimes.com/2023/06/06/business/merck-medicare-drug-prices.html