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Inflation Jumps, Drug Prices Fall
Prescription drug prices fell 1.8 percent, according to the Bureau of Labor Statistics in large part to increased competition from generic drugs. In essence, prescription drug prices are what where were four years ago.
Democrats Eye Legislation to Rein in Prescription Drug Prices
“There are many things the government can do to lower drug prices. In each case, deregulating and freeing the private sector is key."
Trump Tackles Drug Prices
President Donald Trump signed four executive orders intended to lower drug prices and boost U.S. production of medicines and medical equipment.
Small Firms Introduce More Drugs at Lower Costs—Report
Drug price controls in the Inflation Reduction Act (IRA) will not stymie the introduction of new products, because innovative drugs are increasingly being developed...
Researchers Study Repurposing Old Drugs to Treat Cancer
A team of U.S. clinicians has launched a first-of-its-kind observational study on how repurposed drugs with expired patents, such as ivermectin, might help in...
Congress Mulls Tackling Abuses of 340B Drug Discount Program
A bipartisan group of U.S. Senators is seeking feedback on a controversial program that requires drug makers to sell discounted drugs to hospitals and...
Did Discounted Drugs Under 340B Prompt Hospital to Cancel Independent Doctors?
A group of cancer doctors is considering its next legal step in a case that sheds more light on the 340B government drug program...
FDA Green Lights Florida’s Canadian Drug Import Program
The U.S. Food and Drug Administration (FDA) authorized Florida’s plan to import drugs from Canada, a first for the agency that could save patients...
Americans Born Today Will Use Prescription Drugs for Half Their Lives–Study
Americans are taking prescription drugs over longer periods of their lives, and the trend is raising new questions about the costs’ impact on the...
Medicare Drugs on the Chopping Block – Commentary
By Grace-Marie Turner and Nina Owcharenko Schaefer
The Biden administration announced the first 10 prescription drugs it will target in its newly authorized drug price...