Biden takes on Big Pharma to lower drug prices (morningbrew.com)
The Biden administration took its biggest step yet to lower drug costs for Americans, dropping the highly anticipated list of 10 prescription drugs that will first be subject to negotiations with Medicare…Pharma companies are having kittens over this move—one of the most substantial actions ever taken against the industry—and are assembling an army of lawyers to stop it from happening.
It’s hard for me, someone who is NOT well-versed in the politics of this subject, to not look at this as “big” government stepping in to help Americans against runaway capitalism.
Am I wrong? Having already admitted my ignorance, I’m genuinely asking.