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Merck sues U.S., calling Biden move to cut drug prices ‘extortion’

Por: Portland Press Herald World June 06, 2023

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This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J. AP Photo/Seth Wenig, File Merck is suing the U.S. over a law that will allow the government to negotiate prescription-drug prices with pharmaceutical companies — a reform aimed at cutting costs for elderly and disabled Medicare patients that the health-care giant says is “tantamount to extortion.” In a lawsuit filed Tuesday, Merck argues the negotiation... + full article



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