The NIH has proposed requiring biopharma companies or licensees to submit plans for how patients will access drugs or devices that are developed with the help of taxpayer funding.
Tuesday’s proposal is part of a wider push from the Biden administration to lower prescription drug prices, built off the passage of the drug price negotiations in the Inflation Reduction Act, which Biden has been campaigning on. Biden previously drew bipartisan pushback for a plan to exercise the government’s so-called march-in rights when drug prices rise too high.
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