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J&J sues in latest bid to halt Medicare drug price negotiations

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reuters.com/legal/jj-sues-us-govt-halt-medicare-drug-price-negotiation-plans-2023-07-18

Johnson & Johnson (JNJ.N) sued the U.S. government on Tuesday, becoming the latest drugmaker seeking to block a program that gives the Medicare government health insurance plan the power to negotiate lower drug prices.
The pharmaceutical industry says the drug price negotiation program under President Joe Biden's signature Inflation Reduction Act law will curtail profits and…

This story from reuters.com was posted on 2023-07-20 by @firefly.

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