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Why the Inflation Reduction Act Is Unlikely to Reduce Prescription Drug Prices

Why the Inflation Reduction Act Is Unlikely to Reduce Prescription Drug Prices

by Monty Self | Jan 26, 2023 | Opinion

The median annual price for new drugs approved in 2022 by the U.S. Food and Drug Administration was $222,003, according to a Reuters report published January 5. This is a decades-long trend, as detailed in a June 2022 report published by JAMA Network. In 2008, the...

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