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Big Pharma Is Big Mad About Medicare Drug Price Negotiation Program

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Merck & Co (MRK.N) has announced a lawsuit with the U.S. government, claiming the Inflation Reduction Act (IRA) violates its Fifth and First Amendments to the U.S. Constitution. Cenk Uygur and Ana Kasparian discusses on The Young Turks. https://shoptyt.com/collections/justice-is-coming

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Read more HERE: https://www.reuters.com/business/healthcare-pharmaceuticals/merck-sues-us-government-halt-medicare-drug-price-negotiation-2023-06-06/

"NEW YORK, June 6 (Reuters) - Merck & Co (MRK.N) sued the U.S. government on Tuesday, seeking to halt the Medicare drug price negotiation program contained in the Inflation Reduction Act (IRA), which it argues violates the Fifth and First Amendments to the U.S. Constitution.

This is the first attempt by a drugmaker to challenge the law, which the pharmaceutical industry says will result in a loss of profits that will force them to pull back on developing groundbreaking new treatments."

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230608__TA01Drugs
Category
Europe
Tags
230608__TA01Drugs, News, Politics
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