Pharma lobby slams IRA, PBMs as Medicare lists 15 more drugs for price setting

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Jan. 17, 2025 11:58 AM ETAMGN, GSK, BMY, PFE, NVO, MRK, TEVA, AZN, BHC, ALPMF, ALPMY, IRWD, ABBVBy: Dulan Lokuwithana, SA News Editor
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As Medicare announced a fresh set of drugs selected for its price-setting process on Friday under the Inflation Reduction Act, industry group PhRMA criticized the landmark legislation, arguing that it has failed to regulate pharmacy benefit managers and insurers, which it said “are the

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