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Drug Pricing and Other Healthcare Policy Changes Targeted in Executive Order on Promoting Competition
Sidley Austin LLP [Guidance Overview] July 14, 2021 "Initiatives [described in the Executive Order] include calls to combat 'excessive pricing,' to enhance domestic pharmaceutical supply chains, to reduce the cost of drugs to the Federal government, and to address 'price gouging'; additional actions to support the implementation of Canadian drug importation and to promote low-cost generics and biosimilars. A number of the proposals may be inconsistent with existing statutory and regulatory authority, with litigation likely to follow if these proposals are finalized and implemented." |
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