Trump’s Gift to Joe Biden
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Congratulations to drug companies for their tremendous work developing Covid-19 vaccines and therapies in record time. Their reward from the Trump Administration is a new regulation imposing drug price controls, which will make it easier for Joe Biden to go further next year.
The Department of Health and Human Services on Friday finalized a “most-favored nation” rule requiring drug makers to give Medicare the lowest price they charge comparable developed countries. This means the feds will refuse to pay more for medicines…