President Joe Biden’s Inflation Reduction Act gave the government sweeping new power to set the price Medicare will pay for ...

While so-called “march-in” rights have yet to materialize in the United States, the controversial measure to cut drug prices appears to be gaining traction with the government. | While so-called ...

The Biden administration is flexing some federal muscle in its push for lower drug prices, warning pharmaceutical companies that it might use its authority to cancel patent protections if a medication ...

The first 10 drugs included in the Medicare Drug Price Negotiation Program created by the Inflation Reduction Act (IRA) were ...

Medicare’s drug price negotiation program violates the Constitution and must be struck down, Novartis Pharmaceuticals said in ...

Under the Inflation Reduction Act (IRA) of 2022, the Centers for Medicare and Medicaid Services (CMS) will begin negotiating drug prices for a subset of drugs in Medicare. In doing so, CMS must ...

Lawmakers in both parties, at the state and national level, have sought for decades to legalize importing drugs from Canada.

For customers, employers and health insurers paying for prescriptions, the change will have mixed outcomes. While some drugs may become more expensive, more should become cheaper, CVS executives said.

We all know that policymakers are increasingly focused on lowering drug costs. From the Inflation Reductions Act's Medicare price negotiations (aka price controls) to the recent proposals directed at ...

It was a huge defeat for Big Pharma when Congress and President Joe Biden enacted a law aimed in part at lowering ...

Colorado officials say they haven’t been able to stand up a program to import drugs from Canada because of drugmaker opposition — and the Biden administration’s inaction.

The European Commission has accused seven players in the European car-battery industry of colluding to increase prices. The European Union's executive arm named battery makers Banner, Clarios ...