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STAT+: Pharmalittle: Mid-year price hikes for U.S. drugs reaches new heights; onetime biotech CEO Vivek Ramaswamy sparks debate at GOP debate

STAT

  A new analysis of mid-year price hikes has found that, despite policy changes under the Inflation Reduction Act, drug prices are on the rise , STAT reports. Biden health officials are expected to reveal the initial list before the stock market opens Tuesday morning.

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Divided Congress paves way for drug price reforms on Biden’s watch

pharmaphorum

High drug prices was a touchstone issue in the 2016 elections and Biden has also made this a priority in his campaigning. This includes reducing drug costs to consumers in the United States. “If any of these are successful, it could materially impact profit margins for the drug manufacturers.”