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U.S. Plan to Negotiate Drug Prices Faces Fresh Industry Fire

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U.S. Plan to Negotiate Drug Prices Faces Fresh Industry Fire
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The pharmaceutical industry’s largest trade group has filed a lawsuit challenging the constitutionality of President Biden’s drug-price negotiation law, the latest legal test of a program that could cost drugmakers billions of dollars over the next decade

June 21, 2023 1:48 pm ETSteve Ubl is CEO of a pharmaceutical-industry group calling the plan a violation of the Constitution’s ban on excessive fines.

The pharmaceutical industry’s largest trade group has filed a lawsuit challenging the constitutionality of President Biden’s drug-price negotiation law, theDow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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U.S. Plans to Negotiate Drug Prices Face Fresh Industry FireU.S. Plans to Negotiate Drug Prices Face Fresh Industry FireThe pharmaceutical industry’s biggest trade group has joined challenges to the U.S. government’s new powers to negotiate drug prices, filing a lawsuit alleging the program is unconstitutional
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