President Biden last Friday gave U.S. Health and Human Services Secretary Xavier Becerra 45 days to deliver a plan “to combat excessive pricing of prescription drugs.” Becerra’s deadline is Aug. 23.
Biden included drug pricing directives in a far-ranging July 9 executive order aimed at boosting competitiveness in the U.S. economy. In addition to recommending how to fight excessive drug prices, Biden wants Becerra’s plan to address how to “enhance domestic pharmaceutical supply chains, to reduce the prices paid by the federal government for such drugs, and to address the recurrent problem of price gouging.”
President Biden last Friday gave U.S. Health and Human Services Secretary Xavier Becerra 45 days to deliver a plan “to combat excessive pricing of prescription drugs.” Becerra’s deadline is Aug. 23.
Biden included drug pricing directives in a far-ranging July 9 executive order aimed at boosting competitiveness in the U.S. economy. In addition to recommending how to fight excessive drug prices, Biden wants Becerra’s plan to address how to “enhance domestic pharmaceutical supply chains, to reduce the prices paid by the federal government for such drugs, and to address the recurrent problem of price gouging.”
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