J&J CEO explained that the new drug-price negotiation law threatens development of new drugs, according to Bloomberg.

The U.S. government's first-ever negotiated prices for prescription drugs are still on average more than double, and in some ...

marking the seventh loss in the legal battle by drugmakers and their allies. Although the drug manufacturers have repeatedly said that price negotiations will hurt their businesses and reduce ...

industry groups and drugmakers continue to lambast the federal law that set the entire process in motion. Medicare drug price negotiation was one of the provisions of the wide-ranging Inflation ...

Currently, health plan sponsors contracted by Medicare to administer coverage of drugs under the program’s Part D benefit negotiate rebates from drugmakers, resulting in non-public net prices.

The Biden administration’s drug-price negotiation law threatens new product development and will lead to fewer new medicines ...

The negotiated price cuts won’t take effect until 2026, but a $2,000 annual cap on out-of-pocket prescription drug costs ...

The government says it has "negotiated" with drugmakers to arrive at these new prices. But the process wasn't a negotiation. The federal government is simply dictating prices, which will have ...

the Centers for Medicare and Medicaid Services have the ability to negotiate directly with pharmaceutical companies for the price of medications — and impose punitive taxes if the drugmakers ...

Medicare and drugmakers have completed negotiations to cut drug prices for 10 of Medicare's most common and most expensive drugs starting in 2026. Some medications help manage diabetes ...