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Drug Companies File Lawsuits To Block Medicare Price Negotiations, Claiming Policy Is Unconstitutional

  • Drugmakers have filed multiple lawsuits attempting to halt Medicare price negotiations authorized under the Inflation Reduction Act.
  • Pharmaceutical companies argue negotiations will set lower prices across the healthcare system, reducing revenues.
  • Industry claims negotiating authority exceeds government power and violates constitutional rights.
  • Legal challenges seen as effort to get conflicting rulings and accelerate cases to the Supreme Court.
  • Drug companies are also waging a PR campaign asserting lower prices will stifle innovation and limit new treatments.
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