
Trending News Today: Manufacturers May Soon Need to Justify High Drug Cost Increases
Top news of the day from across the healthcare landscape.
Today, a bipartisan group of Senate and House members plan to introduce a bill that forces drug manufacturers to explain to the Department of Health and Human Services why a price hike of more than 10% is justified, at least 1 month before the increase occurs. Companies would have to disclose their spending on research and development, marketing and advertising, manufacturing, and profit information, which would all be made public, excluding confidential or proprietary details, according to
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