Truthout
Drug Pricing
![Participants hold signs at a rally outside Jones Day offices, the law firm currently represents drug corporations suing to stop medicare negotiations for lower drug prices, in Manhattan, New York, on August 16, 2023.](https://truthout.org/app/uploads/2024/02/2024_0213-drug-prices-400x300.jpg)
Judge Dismisses Big Pharma Lawsuit Challenging Medicare Drug Price Negotiations
This is the second setback the pharmaceutical industry has faced in court since filing a barrage of lawsuits last year.
![Sen. Bernie Sanders speaks during a Senate Committee on Health, Education, Labor and Pensions hearing in Washington, D.C., on March 29, 2023.](https://truthout.org/app/uploads/2023/11/2023_1121-bernie-sanders-400x300.jpg)
Bernie Sanders Invites Pharma CEOs to Testify on High Drug Prices
“The American people have a right to know why it is that they pay the highest prices in the world,” said Bernie Sanders.
![A baby receives a vaccine as she's held by a parent](https://truthout.org/app/uploads/2023/10/2023_1004-baby-vaccine-400x300.jpg)
Big Pharma Company Stalled Tuberculosis Vaccine in Pursuit of Bigger Profits
Allowing a potentially lifesaving vaccine to languish shows the distressing reality of public health vaccine creation.
![President Joe Biden holds a Cabinet meeting at the White House on October 2, 2023, in Washington, D.C.](https://truthout.org/app/uploads/2023/10/2023_1003-joe-biden-400x300.jpg)
All Manufacturers of 10 Drugs Set for Medicare Negotiation Agree to Participate
The negotiation process won't begin until early 2024, and new prices won't be implemented until two years later.
![A truck with an ad that calls on keeping drug prices low is parked during a rally in front of the U.S. Chamber of Commerce on August 16, 2023, in Washington, D.C.](https://truthout.org/app/uploads/2023/09/2023_0930-drug-pricing-400x300.jpg)
Federal Judge Blocks Big Pharma Attempt to Stop Medicare Drug Price Negotiation
The judge noted that drug companies are not forced to participate in Medicare.
![](https://truthout.org/app/uploads/2023/09/2023_0915-drugcosts-400x300.jpg)
Three-Quarters of Americans Back Plan to Negotiate Drug Costs Through Medicare
Only 6 percent of Americans said they disagreed with the federal government negotiating drug costs.
![Sen. Marsha Blackburn speaks during the Senate Judiciary Committee hearing in Hart Building on January 24, 2023.](https://truthout.org/app/uploads/2023/08/2023_0831-marsha-blackburn-400x300.jpg)
Industry-Funded Republicans Parrot Big Pharma on Drug Price Negotiations
The claim that curbing costs would stifle innovation is debunked, but that hasn’t stopped the GOP from spreading it.
![President Joe Biden speaks about his plan to protect and strengthen Social Security and Medicare, as well as lower healthcare costs, at the University of Tampa in Tampa, Florida, on February 9, 2023.](https://truthout.org/app/uploads/2023/08/2023_0829-joe-biden-400x300.jpg)
White House Announces First 10 Drugs Big Pharma Will Have to Negotiate Costs On
The new negotiation rules were passed as part of the Inflation Reduction Act, which Biden signed into law last year.
![A gloved hand holds a pill capsule with money in the background](https://truthout.org/app/uploads/2023/08/GettyImages-1086688114-400x300.jpg)
Inside the Big Pharma Playbook Making Prescription Drugs Unaffordable in the US
Polling shows that large numbers of Americans are forgoing prescribed medicines because they can’t afford them.
![Pills, pharmacueticals are manufactured](https://truthout.org/app/uploads/2023/07/2023_0725-pills-400x300.jpg)
Big Pharma Raked in $82B Last Year While Lobbying Against Drug Price Proposals
The companies also upped their stock buyback and dividend payouts by nearly $7 billion last year.