Drug companies on verge of sinking longtime Democratic priority – NewsBreak

The pharmaceutical industry is on the verge of defeating a major Democratic proposal that would allow the federal government to negotiate drug prices. Speaker Nancy Pelosi (D-Calif.) can afford only three defections when the House votes on a sweeping $3.5 trillion spending package, but Reps. Scott Peters (D-Calif.), Kurt Schrader (D-Ore.) and Kathleen Rice (D-N.Y.) last week voted to block the drug-pricing bill from advancing out of the Energy and Commerce Committee.

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2021-09-20 11:54:40