Biotech Values

[kris_kade]

Dew,

Sorry if I am posting this again but would be interested on yours and other board members take on the purported drug cost reduction bill proposed by the President.

Looks like it covers list of drugs to be included for negotiations and shortening price protection duration etc.

Biden wants a big expansion for drug negotiations in his budget:

Double number of drugs Medicare would negotiate in 2026 (to 20 from 10) and then bring it up to 40 each year.

Also proposing to shorten timeline for exemption to five years for all drugs.

h/t @MedResJourno

— Alex Ruoff (@Alexruoff) March 9, 2023

T.I.A