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Big Pharma’s fight against drug price reforms takes weird, desperate turn

Ars Technica LogoArs Technica6d ago

Big Pharma’s fight against drug price reforms takes weird, desperate turn - Ars Technica

Quick Summary:

PhRMA claims price negotiations raise costs and that drug patents lower them.

Milliman, the consulting firm PhRMA commissioned to do the study, cautioned that the actual prices "will certainly vary due to differences in unit cost and utilization trend, 2026 benefit designs, and actual 2026 maximum fair prices".

Enlarge / Stephen Ubl, president and chief executive officer of Pharmaceutical Research and Manufacturers of America (PhRMA), speaks during a Bloomberg Live discussion in Washington, DC, in 2017.


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Article Details

Author / Journalist: Beth Mole

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-27 @ 20:29:02 (6 days ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 189 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 6 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 21405476

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About Ars Technica

Ars Technica Logo

Main Topics: Technology

Official Website: arstechnica.com

Update Frequency: 2 posts per day

Year Established: 1998

Headquarters: United States

News Last Updated: 22 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #32

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