Tag Archives: ‘pricing

Merck CEO sees legal challenge if U.S. adopts drug pricing based on other countries

NEW YORK (Reuters) – Merck & Co Chief Executive Ken Frazier said on Thursday a rule to base the price the U.S. government pays for some prescription drugs in it Medicare program on lower prices in other countries would face legal challenges if adopted. FILE PHOTO: Ken Frazier, Chairman and CEO, Merck & Co., speaks… Read More »

Congressman aims to break pharma’s insulin ‘pricing monopoly’ by legalizing Canadian imports

U.S. legislators have been introducing bills left and right proposing a variety of methods for bringing down drug prices. Now, Vermont’s congressman is zeroing in on a specific class of diabetes medicines that he says have become far too expensive: insulin. Rep. Peter Welch introduced a bill on Wednesday that would make it legal for patients, wholesalers… Read More »