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Pharma/Biotech – USA, Europe Regulatory News, Dec 2023 Vol. 1


Senate Committee Passes Bill for ‘Legislative Improvements’ to PBM Landscape

The Senate Finance Committee voted 26-0 in favor of the Better Mental Health Care, Lower Drug Cost and Extenders Act which addresses pharmacy benefit manager (PBM) practices that sponsors Sen. Ron Wyden (D.-Ore.) and Sen. Mike Crapo (R.- Idaho) say drive up the cost of drugs.