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Democrats Propose A $2B Prize Fund For New Antibiotics

John LaMattina

In its quest to make drugs more affordable, a group of prominent Democrats introduced into both Houses of Congress the “Improving Access to Affordable Prescription Drugs Act.” This ambitious bill seeks to accomplish a lot of things, such as requiring greater transparency with respect to R&D costs for new drugs, allowing Medicare to negotiate drug prices and allowing drug re-importation from outside the U.S...