Biden administration moves ahead with Medicare drug price negotiations amid industry lawsuits | CNN Politics

The latest guidance outlines how the Centers for Medicare and Medicaid Services will negotiate with drugmakers to reach agreement on a maximum fair price for a selected medicine, the agency said. It was informed by public input on the initial guidance the agency released in March, which explained how it will select the drugs and how the negotiations will be conducted.

Also, drug companies may publicly discuss the negotiations – the prior secrecy requirement had been a point of contention among manufacturers that was mentioned in the lawsuits. In addition, CMS will hold patient-focused listening sessions to provide drug companies and the public more opportunities to engage with the agency.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden denies involvement in Hunter Biden's text messages about Chinese business dealPresident JoeBiden denied having any involvement with his son Hunter Biden's message exchange over business dealings in China on Wednesday.
Source: dcexaminer - 🏆 6. / 94 Read more »

Biden pops in: ‘Big Guy’ made cameos in Hunter Biden’s business schemesOne of the Biden family's closest business associates told the FBI that President Biden met with Chinese energy company officials on behalf of his son Hunter on several occasions.
Source: WashTimes - 🏆 235. / 63 Read more »

Republicans sell ‘Biden & Son’ T-shirts tying Bidenomics to Hunter Biden’s business deals with ChinaThe NRCC unleashed its latest attack against POTUS and his son Hunter in the form of new merch. The new T-shirt reads “Biden & Son” on the front. The backside reads “Selling Out America since 1973,” the year Biden was sworn into the Senate.
Source: dcexaminer - 🏆 6. / 94 Read more »