FDA hugged, Medicare plans squeezed: A 'Cures' lovefest
This article was originally published in Scrip
Representative Bobby Rush (Democrat-Illinois) said it best: it was a "lovefest" at the House Energy and Commerce Committee on 21 May during the markup session for the 21st Century Cures Act (HR 6), with the $13bn bill easily being adopted in a unanimous vote.
You may also be interested in...
With new funding in hand, Moderna and its infectious disease venture Valera are going full-speed ahead with a Zika vaccine, taking an mRNA approach, which they said could be a more rapid strategy to try to stop the disease.
Allergan CEO Brent Saunders vows not to engage in price gouging and says his firm will limit cost increases to single-digit percentages, occurring only once per year. But it's unclear whether Saunders will stand as a lone wolf in the industry or if others will make similar pledges.
Hillary Clinton's plan to rein in high prices of older medicines, which includes creating a federal panel that has authority to impose fines, may grab headlines, but some analysts think it's unlikely to get very far in a divided Washington.