The initial list of ten prescription drugs that will be subject to these negotiations account for $50.5 billion or about 20% of total Part D prescription drug costs. The pharmaceutical industry views the new process as a threat to profits and drug innovation, and several pharmaceutical companies, including Merck, Johnson & Johnson, Bristol-Myers Squibb, and Astellas Pharma, along with lobbying organizations like PhRMA and the U.S. Chamber of Commerce, have filed lawsuits against the Medicare negotiation process, alleging the talks are unconstitutional. However, the new initiative is viewed positively by Democrats in Congress and consumer advocates who have long pushed for lower drug prices.
Abhi347 : That’s the right thing to do!
70205595 : Shut up Joe you Fake President I don't take orders from Tyrants. As far as I am concerned America has no leadership.
70205595 : Democrats are all talk but when it comes to results they always fail. Every issue today is due to the Democrats and their racist,lawless violent supporters.
Dudebuddy : wasn't this something Trump started working on 3 years ago??
tidy Penguin_5919 : BIDEN IS A POS!!!! HE DOESN'T KNOW HIS NAME!!!
70205595 Dudebuddy : How could he work when the Neo Liberal facist set him up around every corner and fought him every inch of the way.
Yon Dudebuddy : Trump did, Medicare beneficiaries access to a broad set of insulins at a maximum $35 copay for a month’s supply. Upon taking office, joke biden scrapped it, just like the oil pipeline.
DzDivz : That's not a negotiation, it's extortion!
71598398 : Biden is doing for us, not just letting the rich man rob us all
Derpy Trades : It's amazing that this is happening, but also explains why most of these companies dipped today.
View more comments...