Senate Democrats introduce bill to allow government to block drug price rises - (Business Insider via NewsPoints Desk)

  • US Senators Richard Blumenthal, Kamala Harris, Amy Klobuchar and Jeff Merkley have introduced legislation that would permit the Department of Health and Human Services to block drug price increases deemed excessive, as reported Business Insider Thursday.

  • The news comes as lawmakers from both parties have made drug pricing a key issue.

  • US Representative Nancy Pelosi has promised to pursue an agenda next year that includes combatting high prescription drug prices.

  • Meanwhile, President Donald Trump has criticised drugmakers and industry "middlemen" for their roles in making prescription drugs unaffordable.

  • FirstWord Reports: Providing insight, analysis and expert opinion on important Pharma trends and challenging issues <Click here>

To read more NewsPoints articles, click here.