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Analysis

Sky high: should US drug prices fall in-line with the rest of the world?

Democrat politicians in the US Congress have thrown their weight behind new bill HR3, otherwise known as the Lower Drug Costs Now Act, which proposes that Medicare set drug prices based on international prices. This could save US taxpayers $345bn over seven years, but would have huge ramifications for the global pharma industry. We look into what the legislation could mean.

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