US government names first 10 drugs for Medicare price negotiation

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US government names first 10 drugs for Medicare price negotiation
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The Biden administration on Tuesday released its list of 10 prescription medicines including blood thinner Eliquis from Bristol Myers Squibb and Pfizer that will be subject to the first-ever price negotiations by the Medicare health program.

President Joe Biden's signature Inflation Reduction Act , signed into law last year, allows the Medicare health program for Americans aged 65 and over to negotiate prices for some of its most costly drugs.

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