The U.S. Chamber of Commerce seal is displayed during restoration at the headquarters in Washington, D.C. Andrew Harrer | Bloomberg | Getty Images The U.S. Chamber of Commerce has filed a motion for a preliminary injunction in Ohio, seeking to block Medicare from exercising its new powers to negotiate drug prices prior to October 1st. …
Hundreds of 1199SEIU health care workers staged a rally and sit-in on 3rd Avenue, resulting in some arrests. Their protest was against the health care cuts proposed in Governor Kathy Hochul’s budget for Medicare. Lev Radin | Lightrocket | Getty Images Medicare announced on Friday that it will no longer enforce a confidentiality requirement, allowing …
During morning trading on April 10, 2023, traders can be seen working on the floor of the New York Stock Exchange. Michael M. Santiago | Getty Images The Biden administration is facing legal action from the pharmaceutical industry’s largest lobbying group, along with two other organizations, over Medicare’s new authority to lower drug prices for …
On February 26, 2019, the Chief Executive Officers (CEOs) of prominent pharmaceutical companies appeared before the Senate Finance Committee in Washington, DC for a hearing on “Drug Pricing in America: A Prescription for Change, Part II.” The CEOs in attendance included Richard A. Gonzalez of AbbVie Inc, Pascal Soriot of AstraZeneca, Giovanni Caforio of Bristol-Myers …
Bristol Myers Squibb has filed a lawsuit against the Biden administration, challenging Medicare’s new powers to reduce drug prices. This is the third lawsuit in a matter of days contesting these actions. The lawsuit was filed in a federal district court in New Jersey, alleging that the Medicare negotiations violate the First and Fifth Amendments …