Big Pharma Voluntary List Price Reductions Doubtful, Sen. Warren Says

Companies responding to inquiries from Sens. Elizabeth Warren, D-Mass., and Tina Smith, D-Minn., did not indicate they are planning to reduce list prices, despite promises by President Trump, Warren told a June 12 hearing. 

Businesswoman Hands On Crystal Ball On Black Background. Fortune Teller Predicting Future

None of the 10 large biopharmaceutical manufacturers contacted at the end of May by US Democratic senators said they have voluntarily lowered list prices since President Trump announced his drug pricing blueprint, Sen. Elizabeth Warren, D-Mass., said at a June 12 hearing.

“Zero out of 10 gave any indication that they plan to do so and in fact, one out of 10...

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