The news on drug prices? Nothing good

Source: Editorial board, New York Times (Paid Registration)

It has been two months since the president released his road map for lowering drug costs that seems to lead nowhere, and about a month since he predicted the “big drug companies” would announce “voluntary massive” price cuts.

The administration’s road map for lowering drug costs has been short on details about when or how any of its provisions might take effect. And many drugmakers are actually raising prices substantially.

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