AstraZeneca files litigation to challenge Inflation Reduction Act

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(Reuters) - British drugmaker AstraZeneca said on Friday it has filed a legal challenge to critical aspects of a program that gives the Medicare health ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - British drugmaker AstraZeneca said on Friday it has filed a legal challenge to critical aspects of a program that gives the Medicare health insurance plan the power to negotiate lower drug prices.

The drug price negotiation program is part of President Joe Biden's signature Inflation Reduction Act . The program faces several other court challenges, including from leading industry groups and other drug companies. ‍AstraZeneca said it was filing a legal challenge in a bid to"protect timely access to medicines for orphan indications" in the United States.

 

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