Medicare Price Negotiation: Trump Order Adds Momentum To ‘Pill Penalty’ Fix

Wide-ranging executive order to lower drug prices also hints at changes in upcoming guidance on the Medicare price negotiation program but few other potentially impactful near-term actions.

'Pill penalty' undercuts incentives for developing treatments like oral cancer agents, pharma says. (Shutterstock)
Key Takeaways
  • President Trump's executive order on lowering drug prices endorses legislation lengthening the period of time small molecules have on the market before they could be...

President Trump endorsed legislation extending the statutory timeline before small molecule drugs can be subject to the Medicare price negotiation, a high priority for biopharma, in an

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