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Trump administration wants to shame Big Pharma into lowering drug prices

May 9, 2019


The Trump administration wants to shame pharmaceutical companies into lowering prescription drug prices, Health and Human Services Secretary Alex Azar told CNBC in an interview Thursday.

Pharmaceutical companies will be required to disclose the list price of their prescription medicines in television commercials under a new Trump administration policy. Some argue the list prices don’t reflect what consumers actually pay at the pharmacy counter and may discourage people from seeking medical care.

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