STAT Plus: Senate committee votes to power drug corporations to justify main value will increase

WASHINGTON — A key Senate committee on Wednesday voted to require drug corporations to justify value hikes to the federal authorities in the event that they exceed 10% in a 12 months or 25% in a three-year span, advancing a proposal that additionally enjoys bipartisan help within the Home.

The measure, spearheaded by Sen. Tammy Baldwin (D-Wis.), was supplied as an modification to a broader well being care invoice being thought of by the Senate’s Well being, Training, Labor, and Pensions Committee. Three different senators — two Republicans and one Democrat — co-sponsored the laws, which the committee voted to incorporate by a 16-7 margin.

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