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Medicare's first negotiated drug prices still exceed those in other high-income nations. The initiative aims to balance affordability and innovation, with significant savings expected from 2026 onwards.
A divided 7th Circuit Court ruling restricts FLSA collective actions to states where plaintiffs worked, deepening a split among appellate courts. The decision cites a 2017 Supreme Court case, impacting nationwide wage lawsuits.
U. S. announces final prices for first-ever Medicare drug negotiation, affecting 10 costly medications. Merck's Januvia faces steepest cut at 79%, impacting 66 million beneficiaries.
Major pharmaceutical companies are actively seeking acquisitions in China, despite Sino-U. S. tensions. This trend highlights the strategic importance of the Chinese market for global drugmakers.