Medicare Drug Price Negotiation Program Lawsuit Dismissed by Federal Judge
AUSTIN, Texas – A federal judge in Austin, Texas dismissed a lawsuit on Monday filed by a major pharmaceutical industry trade association challenging a new program allowing Medicare to negotiate prices with drug companies for selected costly drugs. The judge sided with President Joe Biden’s administration, stating that the lawsuit, filed by the Pharmaceutical Research and Manufacturers of America (PhRMA) and two other groups, lacked jurisdiction. The ruling marked a significant victory for the Biden …