A federal court judge in Ohio denied Friday an attempt by the US Chamber of Commerce to immediately stop the Biden administration’s implementation of Medicare’s new drug price negotiation program.
The ruling was the first time a federal court has weighed in on the multiple lawsuits filed against the controversial program.
The chamber filed a lawsuit in June arguing that allowing Medicare to negotiate drug prices is unconstitutional for several reasons. It then asked for a preliminary injunction to halt the program by October 1, when drug makers have to agree to participate in the program.
“As to Plaintiffs’ motion for a preliminary injunction, they have demonstrated neither a strong likelihood of success nor irreparable harm,” wrote Judge Michael Newman of the US District Court for the Southern District of Ohio, in Dayton.
The Candian government has done this for years. Drug prices in Canada are often a fraction of what they cost in the US.
The drug companies swore that they would stop selling drugs in Canada if they weren't allowed to set prices in Canada as high at possible buy they're so fucking greedy that they will take $5 of profit instead of $1,000 and instead of withdrawing from the market and making $0.
you mean, theyre forced to accept profit margins that arent stupid?! amazing!
and god forbid some life-requiring things be made and sold at cost… someones gotta get their Extra
Yes, and they aren't allowed to raise the price of a drug unless they can show a proportionate increase in the benefit to the patient.