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Federal court rejects PhRMA challenge to Medicare drug price negotiation

CN
CitrixNews Staff
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Federal court rejects PhRMA challenge to Medicare drug price negotiation

A federal appeals court on Wednesday ruled against a lawsuit filed by representatives of the pharmaceutical industry challenging the federal Medicare drug price negotiation program, finding that drugmakers are not entitled to sell their products to Medicare at a price they would prefer. The U.S. Court of Appeals for the Fifth Circuit affirmed a prior…

Originally reported by The Hill. Read the full story at the original source.