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BioWorld - Sunday, July 12, 2026
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Home » Senators pressured to pass drug pricing reforms in spending bill
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Senators pressured to pass drug pricing reforms in spending bill

Dec. 6, 2021
By Mari Serebrov
With the $2 trillion Build Back Better spending bill held up in the U.S. Senate, President Joe Biden took to his public microphone Dec. 6 to call on senators to pass the bill that will permit Medicare negotiation of certain prescription drug prices, impose an excise tax on drug companies that raise the price of their products beyond inflation and set a monthly cap on cost-sharing for insulin.
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