BioCentury
ARTICLE | Politics & Policy

Senate bill could give HHS teeth to stop excessive drug price hikes

December 13, 2018 11:28 PM UTC

Democrat senators introduced a bill Thursday that would give HHS power to force drugmakers to pay back unjustifiable increases in drug prices, which the legislation dubs "price gouging."

The CURE High Drug Prices Act defines price gouging as an increase that drugmakers can't reasonably justify by greater costs from production or expanded access or that consumers can't reasonably avoid because the market lacks competition...