Big Pharma: Why The Drug Industry Faces A 3-Front Battle With The FTC, Medicare, And The White House
The Federal Commission got a big breakthrough this year due to the crusade of drug company deals. It blocks drug companies’ deals to a great extent. On Monday, it ended up with $735 million in licensing deals with the help of Maze Therapeutics.
You need to get through the complete solution of the matter to have a clear idea of it. It was the victory Of FTC chairman Lina Khan. She is starting to make good threats on having a closer look at the smaller deals.
It aims to slow down the growing monopolies in the smaller businesses. The win was a symbol pharmaceutical companies are battling with the US government on several fronts.
Why The Drug Industry Is Facing Three-front Battle In USA?
There are several reasons there why the drug industry is facing the three-front battle in the USA. You cannot ignore the facts at your end. Otherwise, things can become more complex for you in the long run.
- The Biden Administration is aiming to license the drugs. The main aim behind it is to reduce the cost of some of the drugs in the USA.
- The government is trying to trigger the March In Rights to bring the situation under control on the USA.
- Post-COVID-19, there has been a considerable rise in the price of the drugs in the US market. In such a scenario, to reduce the burden on normal people, the Government has taken such a step.
Hence, you must be well aware of the reality while attaining your requirements with ease. Ensure that you know the process from your end to have a better insight to it. You cannot make things happen suddenly. Try to follow the correct process that can make things easier for you in the long run within a specific period of time.
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