<code id='67942B8E61'></code><style id='67942B8E61'></style>
    • <acronym id='67942B8E61'></acronym>
      <center id='67942B8E61'><center id='67942B8E61'><tfoot id='67942B8E61'></tfoot></center><abbr id='67942B8E61'><dir id='67942B8E61'><tfoot id='67942B8E61'></tfoot><noframes id='67942B8E61'>

    • <optgroup id='67942B8E61'><strike id='67942B8E61'><sup id='67942B8E61'></sup></strike><code id='67942B8E61'></code></optgroup>
        1. <b id='67942B8E61'><label id='67942B8E61'><select id='67942B8E61'><dt id='67942B8E61'><span id='67942B8E61'></span></dt></select></label></b><u id='67942B8E61'></u>
          <i id='67942B8E61'><strike id='67942B8E61'><tt id='67942B8E61'><pre id='67942B8E61'></pre></tt></strike></i>

          00:00
          00:00 00:00 LIVE
          buffering
          Replay
          LIVE
          00:00 / 00:00
          LIVE
          CC
          Opacity :
          Share:
          Close

          focus

          author:entertainment    - browse:5
          In this photo illustration, Farxiga, Xarelto, Entresto, and Eliquis are made available to customers at the New City Halsted Pharmacy on August 29, 2023 in Chicago, Illinois. These are 4 of 10 prescription drugs that will be subject to Medicare price negotiations under the Inflation Reduction Act. The other drugs include Jardiance, Enbrel, Januvia, Imbruvica, Stelara and Fiasp.
          Scott Olson/Getty Images

          WASHINGTON  — The Biden administration is making its opening offers to pharmaceutical companies in its brand-new Medicare drug price negotiation program on Thursday, administration officials said. And that’s about all they said.

          The offers will not be made public unless a manufacturer chooses to publicly disclose information about the talks, a senior administration official said. Companies have until March 2 to either accept the government’s offer or propose a counteroffer. The Biden administration will publish the final prices by Sept. 1 of this year after the negotiation process ends. 

          advertisement

          The negotiated prices won’t take effect until 2026. 

          Get unlimited access to award-winning journalism and exclusive events.

          Subscribe Log In

          entertainment