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J&J sues in latest bid to halt Medicare drug price negotiations

The pharmaceutical industry says the drug price negotiation program under President Joe Biden's signature Inflation Reduction Act law will curtail profits and compel drugmakers to curb development of groundbreaking new treatments. With Americans paying more for prescription medicines than any other country, the Biden administration hopes to save $25 billion annually by 2031 by having Medicare negotiate prices for some of the costliest medicines used by its beneficiaries, who are 65 and olde...
New Jersey United States Joe Biden Bhanvi Satija Krishna Chandra Eluri Merck Co
Source: aol.com

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Mark Cuban's online pharmacy set to launch Humira biosimilar

Mark Cuban Cost Plus Drugs, an online pharmacy launched by the billionaire to sell drugs directly to customers at low prices, should soon begin selling Coherus BioSciences's biosimilar version of AbbVie Inc's blockbuster rheumatoid arthritis drug Humira, Cuban said on Wednesday.
David Holmes Coherus Biosciences Abbvie Inc Thomson Reuters Trust Principles Boehringer Ingelheim Cuban Cost Plus Drugs

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