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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 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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