Biden, Sanders to take victory
lap after drugmakers cap cost
of inhalers
04/03/24
President Biden on Wednesday will
tout Democrats' efforts to lower
the cost of inhalers after
drugmakers announced plans to cap
prices.
The president, alongside Sen.
Bernie Sanders (I-Vt.), will
give remarks at the White House
to highlight the crackdown on
the cost of inhalers. They will
also be joined by health care
advocates and experts,
according to a White House
official.
After the administration's
crackdown, which included
scrutiny for anticompetitive
practices that can delay lower-
cost generics from coming to
market, three of the four
largest inhaler manufacturers
announced in March that they
would cap the cost of inhalers
for many patients at $35 per
month.
At the time of the letter, one
of AstraZeneca's inhalers costs
$645 in the U.S. but just $49
in the United Kingdom. In March,
AstraZeneca announced it would
cap out-of-pocket costs at $35
for all its inhaler products,
effective June 1, in a similar
move to rival company Boehringer
Ingelheim.
https://thehill.com/homenews/4571261-biden-sanders-to-take-victory-lap-a >fter-drugmakers-cap-cost-of-inhalers/
Biden, Sanders to take victory
lap after drugmakers cap cost
of inhalers
04/03/24
President Biden on Wednesday will
tout Democrats' efforts to lower
the cost of inhalers after
drugmakers announced plans to cap
prices.
The president, alongside Sen.
Bernie Sanders (I-Vt.), will
give remarks at the White House
to highlight the crackdown on
the cost of inhalers. They will
also be joined by health care
advocates and experts,
according to a White House
official.
After the administration's
crackdown, which included
scrutiny for anticompetitive
practices that can delay lower-
cost generics from coming to
market, three of the four
largest inhaler manufacturers
announced in March that they
would cap the cost of inhalers
for many patients at $35 per
month.
At the time of the letter, one
of AstraZeneca's inhalers costs
$645 in the U.S. but just $49
in the United Kingdom. In March,
AstraZeneca announced it would
cap out-of-pocket costs at $35
for all its inhaler products,
effective June 1, in a similar
move to rival company Boehringer
Ingelheim.
https://thehill.com/homenews/4571261-biden-sanders-to-take-victory-lap-after-drugmakers-cap-cost-of-inhalers/
Waiting for the RepugMAGA announcement that this will tank the economy.
Waiting for the RepugMAGA announcement that this will tank the
economy.
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