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Calif. Prop 61 Raises Industry Concerns Over Ripple Effect

 
• By Jessica Merrill

Industry executives are speaking out against the measure that would require California state agencies to pay no more than the US Department of Veterans Affairs pay for drugs.

Bottles

The immediate concern for industry if the California ballot measure Proposition 61 passes is that it will usher in a period of uncertainty and could motivate other states to consider similar drug pricing actions.

California Proposition 61, to be voted on as an election ballot measure Nov. 8, would regulate drug prices by requiring...

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