Bristol-Myers Squibb Co. (Photo: Shutterstock.com) Jones Days Steps Into Fray as Big Pharma Battles Over Medicare Drug Prices
The suit claims the price negotiation program violates the Fifth Amendment bar on uncompensated takings and the First Amendment bar on compelled speech.
June 20, 2023 at 03:16 PM
5 minute read
Pharmaceuticals
Bristol-Myers Squibb Co. claims in a suit filed in U.S. District Court in Trenton, New Jersey, that a federal program empowering Medicare to negotiate certain drug prices is a "faux negotiation" that allows the government to set prices.
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