The U.S. House Oversight and Reform Committee has issued a blistering report about drug industry pricing and business practices.

House Committee Releases Report With 340B Implications

The U.S. House Oversight and Reform Committee issued a blistering report late last week accusing brand pharmaceutical manufacturers of systematically jacking up prices on their drugs in the United States.

Pharmaceutical Research and Manufacturers of America (PhRMA) called it a “misleading report [that] fails to address abusive practices by insurance companies and middlemen.” The committee’s Republican minority issued a short opposing report on pharmacy benefit managers’ (PBM) role in rising prescription drug costs.

The U.S. House Oversight and Reform Committee issued a blistering report late last week accusing brand pharmaceutical manufacturers of systematically jacking up prices on their drugs in the United States.

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