Some members of Congress feel the measure might go too far. Drug companies don't like it, either.
The answer comes down to one key tactic: negotiation.
The idea is that transparency would lead to more competition and lower costs. One drug company is already on board.
Lawmakers have been critical of big pharma's pricing structures.
Prescription drug prices have been rising over the past few years.
The trade agreement reached over the weekend between the U.S., Canada and Mexico includes longer intellectual property protection periods for the expensive class of drugs known as biologics.
Pharmacy benefit managers, like Express Scripts, OptumRX and CVS Caremark, are taking a lot of heat for their role in drug prices. We explain the world of PBMs.
President Donald Trump on Friday took the wraps off his long-awaited plan for cutting drug prices. In a speech, the president announced measures to increase competition and pricing transparency as ways to drive down costs, which have been spiraling. He…
The president is set to talk about his plans to lower the price of drugs on Friday.